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Technical

How to Talk to Not-for-Profit Boards About Their Responsibilities Logo aicpa

  Annice Reed, CPA |   Free |   AICPA |   18 May 2016 |   AICPA Insights

This blog post discusses the three basic responsibilities that apply to not-for-profit board members: the duty of obedience, duty of care and duty of loyalty.

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

2 Comments/Reflections

Uma Rajah (Sunthararajan)

Uma Rajah (Sunthararajan) May 2022

Duty of obedience, care and loyalty of Not for profit board members explained clearly.
Mark Finnie

Mark Finnie Jun 2016

A very good reminder of charity trustees responsibilities and their role in financial management of the organisation.