Top Challenges in Not-for-Profit Audits

29/05/2025 17 min

Listen "Top Challenges in Not-for-Profit Audits"

Episode Synopsis

In this episode of The Balancing Act Podcast, join SL Not-for-Profit Organizations and Business Solutions Group as they delve into the three most common challenges faced during not-for-profit audits. Gain insights from both the auditor and auditee perspectives on: Proper recording of grants and contributionsManaging the Statement of Functional ExpensesTackling the Net Assets With Donor Restrictions scheduleDiscover how to avoid common oversights, leverage accounting technology, and strengthen your organization’s audit readiness. 🔗 Explore more from our Audit Insights Series: https://lnkd.in/gSGqXZaD🔗Follow us on LinkedIn for updates: ⁠⁠https://www.linkedin.com/company/singerlewak-llp/⁠⁠🔗 Subscribe to our podcast on Spotify or Apple Podcasts: ⁠⁠The Balancing Act Podcast with SingerLewak | Podcast on Spotify⁠⁠🔗Subscribe to our YouTube channel: ⁠⁠www.youtube.com/@SingerLewak⁠Please Note: SL Not-for-Profit services are offered nationwide, not just in California.