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This is a checklist for elements needed for an audit. (Note: This list is not all-inclusive and might not apply to every organization and is dependent on
type of organization being audited, organization activities and auditors’ professional judgment.)
Read full article for an example auditors’ opinion.
There are important differences between an audit, a review, and a compilation performed by an independent auditor/accountant. Read full article.
Please find an example of calculation UBIT on Net Advertising Income in the pdf in this article.
Find SSCO Sample NFP Financial Statements with notes and auditor’s opinion.