Taking the Angst out of Audits

Auditors—every year, ready or not, here they come, like clockwork. And yet as each audit approaches, some associations invariably fall into a panic of finding and preparing all the necessary records for review. With complicated accounting requirements around things including member development, fundraising, donations and program services, and assets tracked as permanently restricted, temporarily restricted, or unrestricted, the auditing process demands vigilance and accuracy.

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