Financial Policies
“Internal controls” are financial management practices that are systematically used to prevent misuse and misappropriation of assets, such as occur through theft or embezzlement.
As tax-exempt “public charities," charitable nonprofits embrace the values of accountability and transparency as a matter of ethical leadership, as well as legal compliance.
Federal law1 prohibits all corporations, including nonprofits, from retaliating against employees who “blow the whistle” on their employer’s financial management and...
