A handy, reliable guide to financial management of nonprofits
Nonprofits, as well as for-profit companies, are under much closer scrutiny when it comes to financial practices than ever before. Although there is no Sarbanes-Oxley Act for nonprofits, nonprofits still must adopt uniform tax and finance standards to protect their tax status and reassure donors. Nonprofits can no longer afford to play fast and loose with the rules. However, few uniform standards exist for nonprofit governance. Nonprofit Law & Governance For Dummies provides strategies and tactics nonprofits can adopt to meet the new standards that will begin to appear as soon as Sarbanes-Oxley is adapted for nonprofits.
Jill Gilbert Welytok, JD, CPA (Milwaukee, WI) is an attorney and a former accounting consultant, as well as the author of Sarbanes-Oxley For Dummies (0-471-76846-4).