Final answer:
A certified public accountant (CPA) is typically needed to prepare financial statements for non-profit organizations like the Red Cross, particularly one with experience in non-profit accounting.
Step-by-step explanation:
The Red Cross, being a non-profit organization, would most likely require the services of a certified public accountant (CPA) to prepare its financial statements. A CPA is professionally qualified to manage the financial records of an organization and ensure that they comply with generally accepted accounting principles (GAAP). These professionals are tasked with compiling the financial transactions into statements to clearly reflect the financial position and operations of the non-profit.
Additionally, since non-profit organizations have certain tax exemptions and reporting requirements, a CPA with experience in non-profit accounting would be especially valuable to oversee the proper handling of donations, grants, and other forms of funding. Ensuring accurate and transparent financial reporting is essential for maintaining the trust of donors and regulatory compliance.