Governmental accounting a new not-for-profit board member suggests that the NFP create a separate audit committee to

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Governmental accounting a new not-for-profit board member suggests that the NFP create a separate audit committee to work with the external auditors. The other board members feel that it is already difficult to find community people with financial expertise who have the time to serve on boards, so they do not support creating a new committee.
Do you agree with the new board member or the other board members? Why?

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Accounting for Governmental and Nonprofit Entities

ISBN: ?978-0073379609

15th Edition

Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus

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