Schedule of Expenditures of Federal Awards: How to Prepare the SEFA
Learn what the SEFA is, what must be included, and how to prepare the schedule of expenditures of federal awards for a clean single audit.
Industry: <span>Nonprofit</span>
Not for Profit Accounting Standards: Statement of Functional Expenses
Not for profit accounting standards require nonprofits to allocate every expense to program, management, or fundraising. Here's how to do it right.
Yellow Book (GAGAS) Audits: When Are They Required?
A yellow book audit is required when federal funding, statute, or grant terms trigger GAGAS. Learn who needs one and how it differs from a standard audit.
Nonprofit Audit Requirements: Does Your Organization Need One?
Does your nonprofit need an audit? Learn the federal Single Audit threshold, state rules, and funder triggers that determine nonprofit audit requirements.