Assurance services for Not-For-Profit (Non-Profit) Organizations
Not-For-Profit Organizations or non-profit organizations are entities that do not operate to earn profit for their owners. All the revenue earned by a non-profit organization is used in pursuing the organization’s objectives and keeping it running. Regular audits are vital for such organizations as it ensures the compliance of the governing principles and completeness and accuracy of the financial statements. Apart from providing a fair assessment of the organization’s financial health, an Audit of a non-profit organization can also reveal the vulnerabilities such as weak internal controls, insufficient cash reserves, and inadequate investment policies, etc.
HLB HAMT has a well-experienced team to serve such non-profit organizations on their audit and assurance requirements. We are currently serving many clients in this sector, which are registered with Global Organizations, Governments, and the Real Estate Regulatory Authority (RERA), DIFC, Economic Department, and several local Donor/Funding agencies.
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