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Eliminating Audit Anxiety with Serenic Software

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Eliminating Audit Anxiety with Serenic Software

The primary objective of an audit is to provide assurance that the financial statements are “free of material misstatement.” In plain English, an auditor’s goal is to gain evidence that the numbers are accurate. The goal for a nonprofit is to meet the auditor’s objectives with the least amount of pain for both parties. That’s where the right audit team and the right automated solution can make a difference. We asked David Capitano, CPA and Regional Managing Partner with ParenteBeard LLC, for advice on making nonprofit audits as smooth as possible. The resulting suggestions can help organizations of all sizes use technology to assist their auditors in complying with professional standards.

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