CAN's finance and accounting programs are designed to to measurably improve the accuracy, consistency and clarity of financial reporting, thus reducing time and financial costs and improving accountability and public trust in California's nonprofit sector.

Another goal of this program is to promote a dialog and create a community of nonprofit finance professionals so please post questions and comments!

Monday, July 30, 2007

OMB Revises Circular A-133

From The PPC Guides' Newsletter

OMB Revises Circular A-133 and AICPA Issues Related Auditing Interpretation. This has to do with the new updated terminology of internal controls, among other things, based upon the AICPA's guidance for a stricter look at an organizations internal controls.

Posted by Alan at 9:38 AM

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