Accounting & Auditing | Advisory
The Role of the Board in Pursuing Organizational Financial Resilience
BDO USA, P.C.
To ensure the long-term sustainability of the nonprofits they serve, board members must play an active role in setting the strategic financial direction and promoting a culture of resilience. In this session, we will explore the practices, resources and values characteristic of financially resilient nonprofits with a focus on how to educate and advise board members seeking to strengthen their skill set in fiduciary oversight. We will emphasize the importance of maintaining a sustainable business model and sufficient capital for change and security, as well as explore the role the board plays in ensuring effective financial planning, monitoring, and operational practices are in place.