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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.

These financial statements are the responsibility of management. Our responsibility is to express an opinion on these financial statements based on our audit. The prior year summarized comparative information has been derived from Habitat House’s 2005 financial statements and, in our report dated September 6, 2006, we expressed an unqualified

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