The objective of an audit is the expression of an opinion on financial statements, which is the highest level of assurance a CPA can render. While the opinion is on the financial statements, the audit is of the entire organization. Audit procedures will be applied to account balances, but the auditor will also be examining your organization’s operating environment and internal controls. In doing so, the auditor....
Nonprofit Review Services
The objective of a review is to obtain limited assurance whether we are aware of any material modifications that should be made to the financial statements. A review includes primarily applying analytical procedures to your financial data and making inquiries of your management but does not included applies the procedures on account balances used in an audit engagement. We will inform you of any material errors, fraud, or other illegal acts but....