Sample Financial Statements from PPC –Preparing Nonprofit ...

Sample Financial Statements from PPC Preparing Nonprofit Financial Statements 1 (ACCOUNTANT S LETTERHEAD) INDEPENDENT ACCOUNTANT S REPORT (REVIEW) To the Board of Directors Habitat House, Inc. City, State We have reviewed the accompanying Statements of Financial position of Habitat House, Inc. (a Nonprofit corporation) as of June 30, 20X7 and 20X6, and the related Statements of activities, functional expenses, and cash flows for the years then ended, in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants. All information included in these Financial Statements is the representation of the management of Habitat House, Inc.

Sample Financial Statements from PPC –Preparing Nonprofit Financial Statements 7 HABITAT HOUSE, INC. NOTES TO FINANCIAL STATEMENTS NOTE A—NATURE OF ACTIVITIES AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

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