First, search the internet for the official website of anonprofit organization that interests you (The American NationalRed Cross). When you review this website, locate the 2018 or 2019financial statements. Use the financial statements you locate toanswer the following questions:
- How does the audit opinion given to this nonprofit entity byits independent auditors differ from the audit opinion rendered onthe financial statements for a for-profit business?
- What are some significant differences you see between thereport you just reviewed and a for-profit statement?
