Publisher's Synopsis
Miller Not-for-Profit Organization Audits combines into one comprehensive, easy-to-use guide everything an auditor needs to perform audits of financial statements, audits in accordance with Government Audit Standards, and single audits in accordance with OMB Circular A-133. Comprehensive coverage of the relevant technical literature is combined with user-friendly advice based on actual experience, resulting in a technically sound and extremely useful audit guide. Electronic versions of audit programs, workpapers, reports, correspondence, and a comprehensive disclosures checklist enable independent auditors to eliminate many of the time-consuming clerical work too often performed during audits. Throughout Miller Not-for-Profit Organization Audits, a logical approach has been established in the sequencing of chapters to facilitate your performance of a successful audit. The first section of the book covers the requirements for performing an audit of the financial statements of a not-for-profit organization. It incorporates all of the needed guidance for implementation of the numerous recent accounting and auditing standards affecting not-for-profit organizations.;The format follows the natural progression of an audit of a not-for-profit organization's financial statements. The next section covers the additional procedures that must be performed in the conduct of audits of not-for-profit organizations in accordance with Government Auditing Standards and OMB Circular A-133. The format of section two is similar to that of section one, enabling the auditor to easily build the additional requirements onto the requirements of a financial statement audit. "Audit Cost-Savings Tips" have been added throughout the book to assist auditors in applying new audit approaches that can save many hours of audit time. Miller Not-for-Profit Organization Audits is written primarily for CPA practitioners in public practice and private industry to perform audits of not-for-profit organizations. The primary objective of Miller Not-for-Profit Organization Audits is to provide practitioners with a fundamental, real-world approach for conducting the highest quality audits of not-for-profit organizations. It is designed to enhance the quality of your practice, and it proceeds step by step to help you perform your audits more effectively and efficiently.;The CD-ROM contains electronic versions of the numerous practice aids - work programs, sample correspondence, and sample reports, plus additional checklists, evaluation forms, a detailed disclosures checklist, and several government documents, including OMB Circular A-133.
