⟩ As a government auditor, your responsibility is to ensure the proper use of public funds. What do you look for as an indication that a non-profit or government agency is spending as it should?
A government auditor has to be particularly careful when auditing a non-profit, because after all, it does concern public funds. Just like any other business, a non-profit has to spend responsibly, but there might be more of a temptation to waste money than in the private sector. Basically, auditing a non-profit, like other businesses, involves ensuring that everything makes sense and the records are up-to-date and accurate. Large expenditures have to be looked at carefully, and one has to be sure that funds earmarked for one purpose, such as building, aren’t used for other purposes. This involves looking at the solicited and unsolicited designated funds and making sure the categories remain distinct.
