Field note / 03
Preparing for a first clean audit
A growing nonprofit moves from spreadsheets to a ledger it can defend.
Illustrative scenario. Names and figures are not from a real customer.
CHAPTER / 01
The problem
Receipts in folders, budgets in spreadsheets and no single answer to 'where did the money go?'
CHAPTER / 02
The structure
A chart of accounts, funds and accounting periods give every transaction a home.
CHAPTER / 03
The controls
Approvals, reconciliations and a month-end checklist that refuses to close until it is right.
CHAPTER / 04
The result
Trial balance, statements and an audit trail ready on the day the auditors arrive.
Impact by Reedox