The Three Biggest Mistakes You Might Make Before Your Audit

The Three Biggest Mistakes You Might Make Before Your Audit

financial spreadsheet and magnifying glass June 30, 2017 By: Mark Gilbert

In preparation for your next fiscal year, steer clear of these three common accounting mistakes that could put your association in a difficult position with auditors.

When a new fiscal year is approaching, most finance directors focus their attention on next year's cash flow and their association's financial future. Unfortunately, many of these organizations often overlook larger systemic problems that could potentially put their 501(c)3 in hot water with auditors....