Audit Engagement Letter For Non Profit Organization Template for Philippines

1. Specific Regulatory Compliance: Additional section when the non-profit operates in regulated sectors or receives government funding requiring specific audit procedures

2. Foreign Funding Considerations: Required when the non-profit receives international funding with specific audit requirements

3. Program-Specific Audit Requirements: Needed when specific programs or grants require separate audit attention

4. Prior Year Audit Considerations: Include when there are significant matters from previous audits that affect the current engagement

5. Special Reporting Requirements: When additional reports beyond standard financial statements are required (e.g., donor-specific reports)

1. Schedule A - Audit Timeline: Detailed timeline of audit activities, milestones, and deadlines

2. Schedule B - Fee Structure: Detailed breakdown of audit fees, payment schedule, and any conditional fees

3. Schedule C - Required Documentation: List of documents and information required from the organization for the audit

4. Appendix 1 - Audit Team Structure: Information about key audit team members and their roles

5. Appendix 2 - Specific Audit Procedures: Outline of specific audit procedures relevant to the non-profit sector

6. Appendix 3 - Quality Control Procedures: Description of the firm's quality control procedures and compliance with professional standards