Audits are not the most exciting topic to address but they are an important aspect that nonprofit leaders need to be aware of and understand how they work.On today's episode, Tim and Nathan talk about 3 basic types of financial assessment that is available to a nonprofit and how to decide which one is best for your organization.  They also answer questions like...why do I need an audit? when do I need it? how much will an audit cost?how to do I decide on an audit firm.The Hosts of  The Practice of NonProfit Leadership:Tim Barnes serves as the Executive Vice President of International Association for Refugees (IAFR) and can be contacted at tim@iafr.org. Nathan Ruby serves as the Executive Director of Friends of the Children of Haiti (FOTCOH) and can be contacted at Nathan@fotcoh.org.Feel free to leave questions and comments or connect with Tim or Nathan at www.nonprofitleader.online. All opinions and views expressed by the hosts are their own and do not represent those of their respective organizations.