If you haven’t revisited your not-for-profit’s bylaws recently, they may not be as effective as they could be. Your bylaws should cover your nonprofit’s broad charitable purpose and provide procedures for resolving internal disputes, such as the removal and replacement of a board member. If you decide changes are needed, first check to see if you have the authority to make them. Most bylaws contain an amendment paragraph that outlines procedures for making revisions. And if your nonprofit is incorporated, any proposed bylaw changes must conform to your articles of incorporation. Contact us for more information.
Interim financial statements show how a company is doing each month or quarter. If you think of annual financial statements as a year-end report...
Cross-training employees can help protect your not-for-profit’s finances and operations. The process involves teaching staffers to do each other’s jobs so that critical functions...
In today’s global economy, aggressive cross-border tax strategies expose investors and other stakeholders to potential risks. The Financial Accountability & Corporate Transparency (FACT) Coalition...