From the rear cover
How can not-for-profit organizations be sure they play by the rules when the rules aren't clear?
Due to recent, very public accounting scandals and the resulting Sarbanes-Oxley Act and other regulations, public companies have strict guidance on financial governance and accounting, including the functions and responsibilities of audit committee members. Though not-for-profit organizations are subject to increased scrutiny, there has been no detailed guidance for their audit committees. This book fills the void and helps not-for-profit organizations answer these questions:
- In today's skeptical environment, how can responsible financial governance and reporting reassure wary donors and supporters, and perhaps give the organization a competitive advantage?
- How should the audit committee be structured?
- Which Sarbanes-Oxley requirements (if any) should the audit committee adopt?
- Which best practices best fit the organization's structure and financial reporting needs?
Complete with checklists, sample questions, and an index for quick reference, Not-for-Profit Audit Committee Best Practices covers:
- Different types and unique characteristics of not-for-profit organizations
- The audit committee's role in preventing and detecting fraud
- Important internal controls and the internal audit function
- The relationship of the audit committee and the independent auditor
This heads-up, hands-on guide helps audit committee members select and structure appropriate best practices and function in the most effective manner for their unique not-for-profit organizations. It's also a valuable reference for board members, managers, independent auditors, and advisors of not-for-profit organizations.
Details
- Title NfP Best Practices
- Author Ruppel
- Binding Hardcover
- Edition number 1st
- Edition 1
- Pages 176
- Volumes 1
- Language ENG
- Publisher John Wiley & Sons
- Date 2005-11-01
- Features Dust Cover, Index, Table of Contents
- ISBN 9780471697411 / 0471697419
- Weight 0.81 lbs (0.37 kg)
- Dimensions 9.28 x 6.46 x 0.7 in (23.57 x 16.41 x 1.78 cm)
- Library of Congress subjects Nonprofit organizations - Accounting, Nonprofit organizations - Auditing
- Dewey Decimal Code 657.98
Media reviews
Citations
- Reference and Research Bk News, 11/01/2006, Page 138
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