Regardless of an organization's size, there are several red flags that make audits more likely.
Nonprofit audits are a nightmare. When the IRS finds something suspicious, officers and employees of nonprofit organizations are held accountable and can be fined for their actions or in-actions. Learn how to reduce your chances of being audited and adopt proactive procedures to ensure all financial statements, disclosures and documents are in order if an audit occurs. Don’t miss out on this valuable information.
Learning Objectives
- Identify who is at risk for nonprofit audits.
- Recognize nonprofit warning signs and how to avoid them.
- Discover how the IRS selects accounts for audit.
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