The second edition of this popular title explores the increasing emphasis on nonprofit governance, including accountability, transparency, and responsibility.
Author Paul Firstenberg opens with an examination of the pivotal role of the board in organizational governance, particularly since the Sarbanes-Oxley statute was introduced in 2002. That bill, designed for public corporations, includes provisions that can be used to strengthen the integrity of financial reporting in the nonprofit sector.
Special chapters focus on preparing board members for coming changes in governance, reducing costs while enhancing performance, and effective public relations.