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Results for Annual Reports

The Value-Add Audit

Auditing

While auditing is generally accepted as an integral process in the good governance of an association, the true value an association can gain from its audit is often less understood. The auditor's role is, essentially, to independently verify the accuracy of the association’s financial statements. However, the present competitive environment dictates that boards and governing committees have an obligation to their members to ensure that the audit is more than an external validation of the…

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