FIDUCIARY RESPONSIBILITIES OF BOARDS OF
DIRECTORS
When
you accept a position on the Board of Directors of a not-for-profit
organization, you have assumed certain responsibilities and are expected to educate
yourself on how not-for-profits operate and the various laws and reporting
requirements that affect them.
This program will fully discuss areas Board members must be
prepared to deal with, such as your relationship with your CPA firm, your
organization’s requirements to disclose certain records, private inurnment
issues and the importance of Board-approved financial policies and procedures.
Copyright © 2003 Edward J.
McMillan, CPA, CAE. All Rights Reserved.
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Updated: 10/26/03 12:00 AM