White Papers

The Changing Rules for Nonprofit Governance: Best Practices of Sarbanes-Oxley

Overview Today's nonprofits are faced with a changing governance environment that brings with it a need to examine current board practices and consider new ones. These changes in expectations for nonprofit boards have been prompted in part by the Sarbanes-Oxley Act of 2002, a federal law concerning corporate governance that was passed in response to a host of corporate financial scandals. While Sarbanes-Oxley's provisions apply to for-profit companies whose stock is publicly traded, the law's governance provisions have generated discussion, proposed regulation, and introduced new practices in the nonprofit world.

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Publisher: Devine, Millimet & Branch, Professional Association
File Format: PDF, requires Acrobat Rdr 5
Date Published: Mar 24, 2005
Format: White Papers
Topics: Sarbanes-Oxley, Finance, Best Practices

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