What is the responsibility of the board finance committee? Describe the relationship between the finance director and development director?
The responsibility of the board finance committee
The role of the finance committee is primarily to provide financial oversight for the organization. Typical task areas for small and midsized groups include budgeting and financial planning, financial reporting, and the creation and monitoring of internal controls and accountability policies.
2. Reporting:-
3. Internal Controls and Accountability Policies:-
Finance committees are also often charged with ensuring compliance and/or developing other policies that further serve to protect the organization and manage its exposure to risk. These include establishing policies surrounding:
The relationship between the finance director and development director
What is the responsibility of the board finance committee? Describe the relationship between the finance director...
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