For effective nonprofit board oversight, regardless of the size of the organization, all board members need to be trained on their responsibilities related to the three duties of care, loyalty, and obedience, as well as the corporate laws and regulations in their state. They also need to be keenly aware of important issues affecting the nonprofit industry as a whole. This baseline education and awareness enables members to raise the bar on due diligence and promote compliance, success, and sustainability
Resources
Nonprofit board oversight: Top 10 issues for organizations of all sizes
Nov 06, 2024 · 5 min read
SECTION
EXCLUSIVE
Reserved for NFP Section Members and NFP Subscribers
Already a NFP Section Member? Or a NFP Subscriber?
Log in with your account
Not a NFP Section Member? Or a NFP Subscriber?
To gain access to exclusive content, your first step is to join the AICPA & CIMA.
Discover the benefits of: