By Jill Gilbert Welytok , Daniel S. Welytok
Because the quantity and dimension of nonprofit corporations maintains to develop, NFPs are coming lower than ever-increasing executive scrutiny. quickly Congress would require that nonprofits conform to rigorous accounting and governance criteria similar to these set forth for for-profits within the Sarbanes-Oxley Act.
if you happen to paintings for a nonprofit and are involved in assembly coming near near adjustments to tax and finance criteria governing NFPs this booklet is for you. In easy, straight-forward language, this consultant demystifies the customarily confusing global of nonprofit governance within the age of Sarbanes-Oxley. writer, Jill Gilbert Welytok, an lawyer who heads the Sarbanes-Oxley department of a tremendous Midwest legislations company, walks you step by step in the course of the means of comparing your governance constructions. She hands you with counsel and methods for adopting uniform criteria below present governance and tax legislation, whereas getting ready you for any upcoming adjustments. She exhibits you the way to guard your tax prestige and reassure donors and volunteers whereas staying real on your organization’s venture. and he or she fills you in on what you must understand to: <ul type="disc"> * conform to country legislation and rules * Get and maintain tax–exempt prestige * keep away from proceedings and different felony landmines * deal with the media * count on destiny developments * Make feel of the Sarbanes–Oxley act
together with pattern nonprofit bylaws and an entire audit committee document, Nonprofit legislation & Governance for Dummies, moment Edition is an integral survival device for 21<sup>st</sup> century nonprofits.