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** Currently On Break** Ever wanted to get help running your nonprofit, but didn’t know where to turn? Did you know you need a nonprofit accountant, but that billable rate was too high? Check out the Nonprofit Ace Podcast. We’re here to help the overwhelmed nonprofit leader reduce their anxiety about money so they can focus on making an impact. We keep the episodes under 15 minutes so you can fit us in and not think about an invoice.:)
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Tuesday Feb 08, 2022
Tuesday Feb 08, 2022
Hi there! If you are a nonprofit leader ready to become comfortable talking about money, you are in good company!
One of the tricky topics thrown around when dealing with money is the idea of an audit. Today's episode will discuss a few tips to help you understand and prepare for audits inside your organization.
Audit tips covered in today's episode:
- Overview of audits (1:45)
- Why you need an audit (4:36)
- When to be ready for an audit (5:00)
- Understanding your budget for an audit (6:07)
- What the prep list is going to look like (7:13)
After today's episode, I hope that you are more prepared and mentally ready to take on an audit when the time comes. Make sure you grab the Audit Preparation list! Don't forget Accounting for Your Goals: IRS Form 990 will be on February 22nd. Click the link above and be sure to register for this workshop hosted by Colorado Nonprofit Association.
If you want to continue the conversation, be sure to find me on Instagram and send me a DM! I would love to hear more about you and your nonprofit!
Are you enjoying the show? Be sure to head over to Apple Podcasts and leave a rate and review of the show! I'd love to hear from you.
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