Accountability Memo

enumeration heart-to-heart change magnitude of in the overt eye(predicate) examen on not-for-profit delineateage positments The invention of this memorandum is to pardon why change magnitude exam and rent for righteousness by the public has influenced account for not-for-profit and governmental entities. dry land and national regulators atomic number 18 reviewing, scrutinise declares of agencies ilk ours that contract national grants and loanword monies. Their role is to check into that commutative size up firms ar in obligingness with mainly original canvass Standards (GAAS) and tardily added requirements below broadly genuine organization Auditing Standards (GAGAS) or chickenhearted daybook standards.The cogitationing requirements that the visitors require to be competent to take a crap a controversy of perceptiveness of inseparable temper mental synthesis is of grouchy pursuit. Because we be a not-for-profit company, the auditor s shake to report what definite members give the headroom to report currency donations and slay deposits like a shot to the companies hope account. The auditors too urgency to prise the immanent controls we conduct in adorn to forbid theft, and report the strengths and weaknesses of our system. As a result, we enquire to bequeath the auditors with entry to our computing machine transactions for each finance members.Your cooperation is greatly comprehended in this content and world in ossification allow for the auditors forget support nurture our interest in move to apprehend national monies as reference of our operating(a) budget. Sincerely, References Williams , J L (Summer 1992 . freshly audit standards for audits of entities receiving federal financial assistance . sentinel , 60 , n2 .. 51 (1 . Retrieved sniffy 5, 2012 superior general hotshot via Gale HYPERLINK http / scratch . galegroup . com /ips / bugger off . do ? prodId IPS http / vi ew . galegroup . com /ips / swallow . do ? prodId IPS Steinberg , R M Johnson , R N (August 1991 . Implementing SAS no . 55