SAMPLE NPO SOCIETY FINANCIAL STATEMENTS August …

SAMPLE NPO SOCIETYFINANCIAL STATEMENTSA ugust 31, 2011 INDEXPageIndependent Auditor's Report2 Statement of Operations3 Statement of Changes in Net Assets4 Statement of FINANCIAL Position5 Cash Flow Statement 6 Notes to FINANCIAL Statements7 - AUDITOR'S REPORTTo the Members of SAMPLE NPO SocietyWe have audited the accompanying FINANCIAL STATEMENTS of SAMPLE NPO SOCIETY , which comprise thestatement of FINANCIAL position as at August 31, 2011, and the STATEMENTS of operations, changes in netassets, and cash flows for the year then ended, and a summary of significant accounting policies and otherexplanatory 's Responsibility for the FINANCIAL StatementsManagement is responsible for the preparation and fair presentation of these FINANCIAL STATEMENTS inaccordance with Canadian accounting standards for not-for-profit organizations, and for such internalcontrol as management determines is necessary to enable the preparation of FINANCIAL STATEMENTS that arefree from material misstatement, whether due to fraud or 's ResponsibilityOur responsibility is to express an opinion o

SAMPLE NPO SOCIETY STATEMENT OF FINANCIAL POSITION August 31, 2011. ASSETS 2011 2010 CURRENT Cash $ 97,800 $ 45,100 Accounts receivable 78,600 136,100

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