Document / Practice

Practice 6C: External Financial Evaluation

Posted 2017 Updated March 21, 2023
Land Trust Alliance
About This Practice

This guidance covers Practice 6C, which includes one element:

  1. ⬤ Obtain an annual financial audit, review or compilation by an independent certified public accountant or a qualified accounting professional, in a manner appropriate for the scale of the land trust

Accreditation indicator element | ■ Terrafirma enrollment prerequisite | ▲ Required for both

March 2023: Updated accreditation requirements for financial audit/review thresholds under Practice Element 6C1