Nonprofit Board of Directors should have a general understanding of nonprofit accounting and finance. This guide includes the key accounting and finance terms specific to the nonprofit industry, how best to review a nonprofit organization's financial statements, and which key metrics should be tracked by the Board to ensure organizational efficiency. In addition, this guide provides Board members with a basic understanding of internal controls that help mitigate financial fraud as well as the purpose of the annual audit and IRS Form 990.

Lastly, given the important responsibility of the Board of Directors, this guide reviews the essential fiduciary duties of Board members and addresses common warning signs that will help directors in navigating their important role at a nonprofit organization.

Download ANAFP's Guide for Board Members and provide it to your organization's Board to help them obtain a general understanding of nonprofit accounting and finance.  

Member Only