About This Resource
This session was part of the 2022-2023 Get Audit & Credit Ready CE Series
In this workshop, we explore the unique role of the nonprofit board in supporting an organization’s financial resilience, as well as the importance of the ED/Board partnership.
Key concepts include:
- Understanding the Board’s fiduciary oversight and their role in the financial performance management of the organization
- Where to draw the line between staff and the board in fiscal oversight
- The board’s role both setting and supporting the financial strategy of the organization, including a focus on reserves
Audience: This session is designed for CEOs, Executive Directors who do not have have senior finance staff; Finance Managers/Directors, Senior Accountants, and CFOs.
Below is the session recording and accompanying materials
At BDO, we are providing middle market leaders with insight-driven perspectives and assurance, tax and advisory services, helping companies take business as usual to better than usual. To continue their critical work, nonprofits need to navigate challenges of their own: Budgetary constraints, complex federal funding, compliance, technology, donor stewardship and evolving constituent needs are only some of the hurdles they face. We tailor approaches to help organizations maintain a nonprofit heart and business mindset, so they can improve financial and operational health while expanding their impact.