RFP do’s and don’ts for nonprofits seeking new auditors
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RFP do’s and don’ts for nonprofits seeking new auditors

4 years ago · 4 min read

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Having been on both sides of the equation, as a CFO and an audit partner, I’ve had a lot of experience with the request-for-proposal (RFP) process—some of it good, some of it not so good. A well-executed RFP process can greatly enhance a not-for-profit entity’s (NFP’s) ability to identify and engage an audit firm ideally suited to its needs while simultaneously helping prospective firms determine whether they are the right fit for the client.

On the other hand, a thoughtless

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