The accounting policy and procedures manual is an oft-overlooked document in an organization but provides significant insight into the actions of your accounting team. In this next installment of our Non-Profit Essentials training, James Conrad, Supervisor at Wegner CPAs, will demonstrate the purpose of policies and procedures, how they are important for every organization, and tips on how to patch deficiencies your organization may have in your accounting manual.
- Define processes and procedures within your organization’s accounting manual
- Determine the adequacy of your policies and procedures for your organization
- Identify and analyze policies and procedures in your accounting manual that are sufficient and deficient
- Discover relationships between your policies and procedures and an organizational audit