Unfair Auditing Burden on Nonprofit Healthcare Organizations ...

From a study released in the ?Nonprofit Quarterly ,we learn that nonprofit health organizations are audited more often than for profits.?The report concludes, ?the burden of audits appears to be falling
disproportionately on the nonprofit sector. While it was anticipated that size
would be the most meaningful predictor of audits, it was not expected that
financial structure would have such a significant impact. It is difficult to
know if this is a conscious policy or an accidental one.??I can understand that nonprofits must be held accountable, but what about the added cost of staff time dedicated to audit after audit and the preparation for these occurrences? This seems to be a playing field that needs to be leveled. I suspect this problem goes beyond healthcare.?Read the article here.

Source: http://thethirdsector.blogspot.com/2012/08/unfair-auditing-burden-on-nonprofit.html

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