As Thomas Edison famously said, “Success is 90 percent preparation and only 10 percent perspiration,” and that is certainly true for audits. Learn how, with a little extra planning and preparation, you can avoid errors that are often a source of significant paint in the audit process. In this archived webcast, geared towards not-for-profits and their auditors, we will explore some of the most common, material errors encountered when conducting not-for-profit audits and what you can do to avoid those common errors.

*** This webcast is part of a monthly webcast series hosted by the AICPA Not-for-Profit Section.

Learning Objectives
When you complete this webcast you will be able to:

• Identify the most common errors found in not-for-profit financial statements
• Determine the impact errors could have on not-for-profit financial statements
• Identify how to avoid errors in not-for-profit financial reporting