The CPA Desk

A Thought Leader Production by PKFTexas

Tag Archives: year-end audit

How Your Not-for-Profit’s Internal and Year-End Financial Statements Can Differ

Do you prepare internal financial statements for your board of directors on a monthly, quarterly or other periodic basis? Later, at year end, do your auditors always propose adjustments? What’s going on? Most likely, the differences are due to cash basis vs. accrual basis financial statements, as well as reasonable estimates proposed by your auditors… Continue Reading