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FINANCIAL HOUSEKEEPING | Express your final wishes

You may not want to think about your mortality, but expressing personal final wishes will ease the burden on loved ones whenever your time comes.

One way to cope with the difficulty of this task is to use a form, and one of the best for helping people express funeral and

other desires is “Your Wishes,” available at www.better-endings.org. It is built to be updated, making it ideal for younger people who have just a few ideas of what they want.

While picking up “Your Wishes,” you can also take care of other crucial chores, ranging from specifying wishes on organ donation to completing the “Your Way” guide, a much more detailed instruction booklet to leave relatives in later years.

SHORT COURSE | Audits

An audit is an examination of an organization’s financial documents, undertaken in an effort to determine if records and reports are valid and if the information is fairly presented.

An independent audit normally is conducted by a certified public accountant, who finishes the job by issuing an opinion as to whether financial statements accurately and fairly reflect the firm’s operations and financial position.

An internal audit is conducted by the organization’s employees, generally to prevent fraud and ensure that board directives are being followed.

An external audit involves outside parties examining the books and is designed to ensure absolute objectivity.

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