November 27, 2008 | Read Time: 1 minute
NEW BOOKS
Knowledge-Based Audits of Not-for-Profit Organizations With Single Audits, 2008-2009 Edition
by Warren Ruppel
This book is designed as a comprehensive guide for accountants performing both financial-statement audits and single, or annual organizationwide, audits at nonprofit groups that spend at least $500,000 in federal money per year, writes Warren Ruppel, an accountant who has worked with government and nonprofit groups for 25 years.
The book is divided into two parts: Part I covers the requirements for an audit of a nonprofit group’s financial statements, and Part II builds on the financial-statement audit by detailing the additional, more-complex requirements for an organizationwide annual audit under OMB Circular A-133, the extensive government document that is a guide to the audit process.
Mr. Ruppel has included tips and observations throughout the book to help accountants save time when performing audits and to flag recent or anticipated changes in accounting law that may affect the audit process.
The book also comes with a CD-ROM featuring electronic versions of audit programs, reports, sample correspondence, practice aids, a disclosures checklist, relevant government documents, and other supplementary materials.
Publisher: CCH, 4025 West Peterson Avenue, Chicago, Ill. 60646; (800) 248-3248; http://CCHGroup.com; 1,100 pages; $230; ISBN 978-0-8080-9196-7.
