Nonprofit Financial Oversight: The Concise and Complete Guide for Boards and Finance Committees

Finally Nonprofit financial oversight is simplified. If you are looking for a way to quickly and efficiently equip your nonprofit board or finance committee members to oversee the financial affairs of your nonprofit organization, look no further. With more than 30 years of hands-on experience serving hundreds of nonprofit organizations, Mike Batts brings his concise and clear communication style to this important topic. Each chapter of this book is an easy read, and the book is loaded with information provided in a plain-language format. The Appendices provide a wealth of useful resources.You don't need to be a financial expert to oversee the financial affairs of a nonprofit organization, but you do need to know what to look for and how to evaluate the information you receive. Nonprofit Financial Oversight - The Concise and Complete Guide for Boards and Finance Committees helps you do just that - simply and efficiently. Resources in this book include: Annual Board Financial Oversight ChecklistYour board or finance committee can know the bases are covered by using this helpful plain-language checklist as a reminder of key financial oversight issues that should be addressed in your organization every year. Sample PoliciesNot only does this book tell you in a straightforward manner what policies most nonprofit organizations should have in place, it provides an array of sample policies to greatly simplify the process of adopting them. Sample Finance Committee CharterThis book will help you determine whether your organization needs a finance committee or an audit committee. And if you do, you are ready to go with a sample finance committee charter and guidelines for an audit committee charter Chapter Titles1. The Duty of Board Members to Oversee Financial Operations2. The Finance Committee3. Audits and Other Accountability Practices4. Key Areas of Financial Oversight5. Governing Documents and Policies6. Internal Financial Reporting and Monitoring7. Financial Health8. Tax Compliance9. Risk ManagementAppendicesA. Annual Financial Oversight Checklist for Boards and Finance CommitteesB. Sample Conflicts-of-Interest PolicyC. Sample Executive Compensation-Setting PolicyD. Sample Policy on Dishonesty, Fraud, and Whistleblower ProtectionE. Sample Donor Privacy PolicyF. Sample Gift Acceptance PolicyG. Sample Expense Reimbursement Policy.…