Does United Way of Delaware County have a formal financial audit procedure?
An audit of United Way’s financial statements is conducted annually by an independent, unrelated certified public accountant whose examination complies with Generally Accepted Accounting Standards (GAAS), and in accordance with Generally Accepted Accounting Principles (GAAP). Volunteer finance and audit committees monitor all aspects of the organization’s finances and audit relationships to ensure that United Way adheres to the highest standards of financial accountability. In addition to an annual audit, United Way is in compliance with all state and federal laws, and meets or exceeds United Way of America membership requirements and standards.
