Audits provide the suppliers of CDFI loan and grant monies with an historic report card of the organization’s progress and management’s competence in achieving self-sufficiency. Yet, many auditors do not understand the nature of our business and need to be educated. Audit preparation is key so that your organization gets a clean bill of health and capital suppliers can internally rate the risk of lending/granting funds to your CDFI. This training will address these issues.
Understanding the reasons why audits matter.
Demonstrate good and bad audit practices to include examples of types of CDFI audits.
Identify requirements of the audit firm, how to select a firm, and how to head off audit “findings” before they are written.
Meet the Trainer
New England Market Research
Jack Northrup of New England Market Research, Inc. has worked with companies performing qualitative and quantitative research on issues related to market access. Since, 1997 he has worked with over 250 companies conducting primary and secondary research. The main focus is quantitative analysis around issues of marketing, branding and consumer perception and financial management. Additionally, he conducts customer surveys and focus groups for clients on issues of demographics, pricing and attitudes/behaviors.
Jack developed and taught online small business training for the US Dept. of Treasury CDFI Fund and has taught business development at the University of Vermont and Southern New Hampshire University, in class and online. He has developed and taught dozens of webinars and client trainings. He has a BS and MSc from New Hampshire College and an MBA from Dartmouth College.