At Greater Missouri, we take pride in our commitment to financial transparency and operational excellence. As stewards of your support, we are excited to share a significant initiative that underscores our dedication to maintaining the highest standards – the upcoming financial statement audit of our statewide non-profit organization.
Why is this important to you?
Our Board of Directors is actively working to ensure the continuous financial integrity of our operations. As we encourage our esteemed alumnae to join or renew their membership by keeping their dues payments current, and engage in fundraising activities, we recognize the pivotal role that auditing and attestation play in building trust and accountability.
Here’s how we’re ensuring transparency and accountability and where you come in:
1. Establishing Clear Objectives and Scope:
- Clearly defining the objectives of the audit, including financial statement verification, compliance, and operational efficiency.
- Determining the scope of the audit, specifying the programs, departments, and time periods to be covered.
2. Engaging Top-Notch External Auditors:
- We’re looking to partner with a reputable external auditing firm with extensive experience in auditing non-profit organizations.
- Ensuring our selected auditors are independent professionals with no conflicts of interest.
3. Help us to find interested companies to respond to our RFP by sending any recommendations along with contact information to hello@greatermo.org by February 16, 2024.
Why an external auditor?
External auditors bring an impartial perspective, ensuring an unbiased assessment of our financial processes and controls. This audit will validate that our organization is being managed responsibly and in accordance with our mission while providing assurances to our various stakeholders.
What does this mean for you?
Your confidence in us is well-placed as we embark on this journey towards enhanced transparency and accountability. We believe in keeping our community informed and engaged, and this audit is a testament to our commitment to continuous improvement.
As we work through the audit process, we will keep you updated on milestones and outcomes. Your ongoing support and membership renewals contribute significantly to our mission, and we want you to know that your trust is our top priority.
Thank you for being an integral part of our Greater Missouri Leadership Foundation. Together, we are ensuring a bright and sustainable future.