official inspection of an individual's or organization's accounts, typically by an independent body
What is an audit?
100
documentation which records all audit evidence obtained
What is a workpaper?
100
In-kind donations
What is unrestricted revenue/net assets?
100
the most complete source of information about US charities and other nonprofit organizations
What is GuideStar?
100
CPO
Who is Effin Logue?
200
an organization that uses its surplus revenues to further achieve its purpose of mission
What is a nonprofit organization?
200
provides audit requirements for ensuring that federal funds are expended properly
What is Office of Management and Budget (OMB)?
200
Federal grant that has not been expended
What is temporarily restricted?
200
activities that result in goods or services being distributed to beneficiaries, customers, or members that fulfill the purpose/mission of the organization
What are program services?
200
CEO
Who is Matt Snow?
300
the tax form filed by nonprofits
What is a 990?
300
standards that must be followed when conducting a single audit
What are Generally Accepted Government Auditing Standards?
300
donation that principal balance will be invested forever
What is permanently restricted?
300
IRS code section that lists categories to qualify for tax-exempt status
What is 501(c)?
300
DHG builds valuable careers with our people and helps our clients achieve their goals
What is DHG's mission?
400
required when a non-federal entity expends $750,000 or more of Federal awards in a year
What is a single audit?
400
standards auditors must comply with when auditing non profits
What is Generally Accepted Auditing Standards?
400
donation to be used for a particular scholarship that has not been awarded
What is temporarily restricted?
400
largest nonprofit organization
What is United Way?
400
Charlotte, NC
What is DHG headquarters?
500
the difference between assets and liabilities in a nonprofit organization
What is net assets?
500
statement of financial position, statement of activities, statement of cash flows, statement of functional expenses