audit recommendation - dump gnucash??

[Wm]

On 22/04/2017 11:12, Jenny Redden wrote:
> We are a small non-profit (cash strapped) sports federation in Laos that has been using Gnucash for almost two years, and we are very very happy with the results.  Previously accounts were maintained in excel. 
> 
> We have just been through our first external audit, commissioned by our main donor.  The auditors have included in their recommendation letter that we abandon Gnucash and purchase a licensed accounting system, the implication of using Gnucash being: "Any malfunctions that occur arising from the use of the software may not be rectified by the vendor on a timely basis and that may have an adverse impact on the accounting records of the Organisation”
> 
> I’m wondering if others have encountered similar audit recommendations, and how they have responded?
> 

I am in the UK and familiar with non-profit accounting in that country.

Your organisation should have trustees that appoint auditors and the
reporting responsibilities should be clear.

The auditors do the work required of them by the trustees.

If the auditors are giving you crap raise the issue with the Trustees.

Hopefully you have good Trustees.

Accounting wise GnuCash is better than many commercial applications
because it is transparent in what it does and generally neutral.  Good
accountants and auditors like this, bad ones hate it.

-- 
Wm