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Field museum of Chicago

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Financial Management Responsibilities of Not-for-Profit Board Members

Board members take on the important responsibility of providing governance for their Not-for-Profit organization. They may be well versed on the organization's mission, but how much do they know about its finances?

Part of the role of a board member, whether or not they have a financial background, is to provide financial oversight and protect the assets of the organization.

Participate in this workshop and learn the very basics of financial responsibilities - what a board member needs to know and be aware of to ensure their not-for-profit's financial health.

Who should attend:

Board members are encouraged to attend as a team with their organization's executive staff and/or other board members.

Participants will:

Learn about board members' responsibilities for

oversight of financial systems, policies, and internal controls.

Realize the board's role in the organization's audit.

Discuss the basics of financial statements and their relevance to board members.

Identify critical reporting requirements for your organization.

Event Detail

Event Date: 6/4/08

Event Time: 5:00 pm registration

Event Location: CPAs for the Public Interest/Illinois CPA Society

Event Address: 550 W. Jackson Blvd. Suite 900

Event web site: http://www.icpas.org/hc-cpaspi.aspx?id=5853

Event Cost: $40

Intended Audience:Not-for-Profit Board Members and staff

Contact Person: Katie Miller

Contact Phone: 312-993-0393

Event Topic

Financial Management/Bookkeeping

Event Type

Workshop/Seminar