Sound auditing is key to the survival of not-for-profits

Aidan McCarthy, partner, Ormsby & Rhodes

As one of Ireland’s longest established accounting firms, Ormsby & Rhodes in the heart of Dublin city has seen the not-for-profit (NFP) sector evolve to what it is today.

It has advised clients in the sector, promoting astute corporate governance at all times. And as the sector suffered body-blows due to discrepancies with some charities in recent years, Ormsby & Rhodes underlined to its NFP clients the importance of internal audits, risk management ...