Describe which organizations have authority over government and not-for-profit auditing standards.

Describe which organizations have authority over government and not-for-profit auditing standards.

Part 1

review the NACUBO (Links to an external site.) website.

Research the NACUBO organization. Describe in your own words the reason this organization exists, what impact it has on college and university financial reporting, and the authority it has over standard setting for financial reporting for colleges and universities. 300 words

Part 2

Describe which organizations have authority over government and not-for-profit auditing standards. There are four categories of professional engagements: financial audits, attestation engagements, performance audits, and non-audit services. Explain in your own words what each of these audit types involves, and give an example of each to illustrate. 300 words

Requirements: 600 words

Answer preview to describe which organizations have authority over government and not-for-profit auditing standards.

APA

671 words

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