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About the Book
Written by the ABA Coordinating Committee on Nonprofit Governance
Written for directors of nonprofit organizations and practitioners, this guidebook provides a complete overview of the major reforms enacted or triggered by the Sarbanes-Oxley Act, including governance reforms promulgated by the SEC and the Stock Exchanges. Also, included are 10 key governance principles derived from such reforms, and discusses the potential challenges and benefits of applying such principles in the nonprofit context.
Table of Contents
*Overview: How Sarbanes-Oxley is Impacting Ideas and Practices Regarding the Governance for For-Porfit and Not-for-Profit Entities
*Sarbanes Oxley Act and Related Reforms At A Glance
*Applying Sarbanes-Oxley Governance Principles to Nonprofit Organizations
*Principle 1: Role of Board
*Principle 2: Importance of Independent Directors
*Principle 3: Audit Committee
*Principle 4: Governance/Nominating Committee
*Principle 5: Compensation Committee
*Principle 6: Disclosure and Integrity of Corporation Information
*Principle 7: Ethics and Business Conduct Codes
*Principle 8: Executive and Director Compensation
*Principle 9: Monitoring Compliance and Investigating Complaints
*Principle 10: Document Destruction and Retention
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