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Technical

Board Responsibilities Logo aicpa

  NFP Section |   Free for NFP Section members |   AICPA |   2015 |   AICPA.org

An organization's governing body establishes strategic objectives, provides guidance, and helps an organization achieve its mission. Along with this responsibility comes legal and ethical obligations to an entity. An NFP's board has liability for the organization, and therefore it is the final authority. This article is designed to be a primer on basic board responsibilities for those who are new to NFPs, or who just need a refresher.

Topics covered:
  • Not-for-profit: Technical: Governance, Foundational
  • Not-for-profit: Technical: Governance, Intermediate

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