FINANCIAL REPORTING THROUGH THE AUDIT

Abstract

Financial reports are important for several reasons. They provide evidence of wise fiscal management and are a valuable public relations tool. External auditors are employed to supply an independent appraisal of the fiscal stewardship provided by libraries. Managers should keep staffs informed of the standard accounting practices auditors employ to facilitate responsible library operation.

Citation

Hoogcarspel, A. (1992), "FINANCIAL REPORTING THROUGH THE AUDIT", The Bottom Line, Vol. 5 No. 1, pp. 30-32. https://doi.org/10.1108/eb025318