05711nam 22006974a 450 991044990530332120200520144314.01-280-25523-497866102552380-471-73199-4(CKB)1000000000244167(EBL)227435(OCoLC)70720165(SSID)ssj0000241229(PQKBManifestationID)11191396(PQKBTitleCode)TC0000241229(PQKBWorkID)10297327(PQKB)11220669(MiAaPQ)EBC227435(Au-PeEL)EBL227435(CaPaEBR)ebr10114149(CaONFJC)MIL25523(EXLCZ)99100000000024416720041208d2005 uy 0engur|n|---|||||txtccrSarbanes-Oxley for nonprofits[electronic resource] a guide to gaining competitive advantage /Peggy M. Jackson, Toni E. FogartyHoboken, N.J. John Wiley & Sonsc20051 online resource (256 p.)Description based upon print version of record.0-471-69788-5 Includes bibliographical references (p. 225-228) and index.Sarbanes-Oxley for Nonprofits; Contents; Acknowledgments; About the Authors; Preface; Chapter 1: Overview of the Legislation and Its Implications for Nonprofits; What Is the Sarbanes-Oxley Legislation About?; Relevance of SOX to Nonprofits; Current Legislative Environment for Nonprofits; Conclusion; Endnotes; Chapter 2: Safeguarding Your Nonprofit's Financial Resources and Assets: Establishing Auditor Independence and Audit Committee Competence; SOX Titles II and III; The Value of Accurate Financial Statements; The Importance of a Good AuditThe Board's Responsibility Regarding the Financial StatementsConclusion; Chapter 3: Reading and Interpreting Financial Statements; Balance Sheet; Statement of Operations; Statement of Changes in Net Assets; Statement of Cash Flows; Financial Statement Analysis; Conclusion; Chapter 4: Form 990: Unnecessary Paperwork or a Useful Tool?; What Are Form 990 and Form 990-EZ?; Why Is Form 990 Important?; Management's Role in Improving Form 990: Creating a Good Internal Control System; The Board's Role in Form 990; ConclusionChapter 5: SOX Sections VIII and XI: Document Retention and Whistleblower Protection ObligationsWhistleblower Protection; Creating a Confidential Reporting System; Document Retention, Archiving, and Retrieval; First Steps: Beginning the Process; Conclusion; Chapter 6: Raising the Bar of Accountability: SOX Best Practices and the Board; Legislative Environment: Best Practices and Governance; New Expectations for Board Oversight and Governance; Higher Expectations for Board Membership and Deliberations; SOX and the Board: Higher Performance and Greater AccountabilityChampioning SOX Best Practices: The Board's Governance RoleConclusion; Chapter 7: SOX Best Practices and Organizational Culture: Changing the Environment; The Nonprofit's Organizational Culture and the Adaptation of SOX Best Practices; Introducing Change; Nonprofit Board Culture; Strategies for Introducing Change in the Board Culture; Conclusion; Endnote; Chapter 8: A Platinum Operating Standard Starts with Good Bones; SOX Best Practices: Moving to a Platinum Operating Standard; What Are Platinum Operating Standards?; Review of Internal Controls; Conducting the Review of Internal ControlsContent and Structure of the Review of Internal Controls ReportConclusion; Endnote; Chapter 9: Creating a Competitive Advantage: Leveraging SOX Best Practices; Competitive Advantages of Being in Compliance with Sarbanes-Oxley Best Practices; Conclusion; Endnotes; Chapter 10: SOX Best Practices for Small Nonprofits; Five Myths That Hold Small Nonprofits Back; Adopting SOX Best Practices; Scaling the SOX Best Practices to Fit the Needs of Small Nonprofits; Keys to Success in Customizing SOX Best Practices; Conclusion; Appendices: Best Practices: Checklists, Worksheets, and Sample DocumentsAppendix A: Working Through the Four Basic Financial StatementsA complete guide to leveraging the power of Sarbanes-Oxley--specifically for nonprofitsThe first book to discuss the implications of Sarbanes-Oxley legislation as it relates to nonprofit organizations, Sarbanes-Oxley for Nonprofits is an essential guide for all nonprofit executives and boards who want to know how the new legislation can enhance their organization's mission.By establishing a ""platinum standard"" of operations and governance within nonprofit organizations, executives and board members will be better equipped to attract high-quality staff and board members, as weNonprofit organizationsUnited StatesFinanceManagementNonprofit organizationsAccountingLaw and legislationNonprofit organizationsAuditingLaw and legislationNonprofit organizationsUnited StatesManagementElectronic books.Nonprofit organizationsFinanceManagement.Nonprofit organizationsAccountingLaw and legislation.Nonprofit organizationsAuditingLaw and legislation.Nonprofit organizationsManagement.657/.98Jackson Peggy M992533Fogarty Toni E992534MiAaPQMiAaPQMiAaPQBOOK9910449905303321Sarbanes-Oxley for nonprofits2272709UNINA