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GCSE also acts as accountants or auditors for many
such organizations, including some well known ones. We bring the same
level of expertise and commitment to these engagements as we do to our
profit oriented clients.
Such
organizations are not profit driven, in the traditional sense. They are,
however, generally the custodians of assets, whether received as donations,
grants or some other form of fundraising and are accountable to government
authorities, donors and other stakeholders. Their mandate is to utilize
these assets for the statutory or intended purpose, as efficiently as
possible. Although auditors are not “watch dogs” and are not
in a position to indicate how wisely funds are spent, our role is to provide
some sense of credibility on an organization’s financial information
through the audit process, as communicated in the auditors’ report.
In some cases, depending on the sophistication of an organization's accounting
resources, we may facilitate other assistance as may be required. |
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