Tool for CPA Firms Advising Not-for-Profit Boards

The tool, titled the “Not-for-Profit Board Member Orientation,” is a PowerPoint presentation on corporate governance and effective board management that firms can deliver in face-to-face meetings with current and potential clients.

“Sarbanes-Oxley has refocused attention on governance issues in all organizations, including not-for-profits,” said Richard Caturano, Chair of the PCPS Executive Committee.

“In particular, many not-for-profit boards are lacking members with the appropriate financial acumen. This presentation helps CPA firms open a dialogue with their clients about how the organization is managed, and what the roles and responsibilities of individual board members should be.”

The presentation provides critical information for not-for-profit organization board members, including:

• How not-for-profits differ from other organizations



• Responsibilities of a board member



• What it means to be financially literate



• Major legal and regulatory issues



• How to identify and mitigate organizational risk



• Performance measurement


Firms may customize the presentation by adding their firm name and logo, and by adding their own specific expertise to the materials. Speaker notes are included to guide the discussion.

PCPS has made this presentation available, free of charge, to all member firms. Members may access the material by visiting www.pcps.org, clicking on “Member Resources” and then clicking on the “Not-for-Profit Resources” logo on the left side.

Firms that are not members of PCPS may purchase the presentation for $25.00 by visiting www.cpa2biz.com. Call 1-800-CPA-FIRM for details.