Nonprofits need to have good financial policies and procedures in place in order to satisfy funders, comply with IRS requirements, and avoid misuse of funds or even embezzlement. Wendy Stewart, Senior Vice President and Senior Client Manager at Bank of America and Rachel Epps Spears, Executive Director, Pro Bono Partnership of Atlanta discuss financial recordkeeping and reporting, investment policies, and internal controls to help nonprofits remain financially fit.
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