Governance for Not-for-profit Organizations: Questions for Directors to Ask |
 | The Risk Oversight and Governance Board of the Chartered Professional
Accountants of Canada has developed this Directors’ Briefing to
help directors of not-for-profit organizations (NFPs) ensure that the NFPs that
they serve are equipped with a good governance framework, with the end goal
of creating NFPs that are productive, accountable, and deliver on their mission.
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This Briefing aids NFP directors in creating such a framework or refining an
existing one by steering readers through a process of:
- Understanding the legislative requirements and environment;
- Designing a governance framework;
- Implementing the framework;
- Ensuring the right board dynamics; and
- Ongoing monitoring, learning and improvement.
Throughout the Briefing, there are questions for directors to ask to assure
themselves that the NFP’s governance framework and supporting processes are
effective and suited to the NFP’s particular needs. Directors are also encouraged
to frame additional questions in the particular circumstances they face. ISBN: 978-1-55385-805-8 Publication Date: May 9, 2014 |