(See related pages)
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Describe the unique characteristics of audits of governmental and not-for-profit entities. |
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Describe the major requirements of the Single Audit Act. |
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Describe the process of applying for tax-exempt status and the reporting requirements of the Form 990. |
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Identify when a not-for-profit organization is subject to the unrelated business income tax and describe how the tax is determined. |
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Identify financial ratios commonly used to evaluate governmental and not-for-profit entities and describe how they are calculated and interpreted. |
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Identify the elements of service efforts and accomplishments reporting and explain why governments and not-for-profits report nonfinancial performance measures. |