Standard B3: Release of financial statements
Description: Nonprofit and charitable boards of directors are responsible for overseeing their organization’s financial affairs. While directors do not need to have a lot of expertise related to finance, they do need to know how to read and understand the financial information presented to them by staff.
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Reading a financial statement: Cash flow statement, accountant’s report, and notes to the financial statements
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Guide sur les états financiers des organismes sans but lucratif : questions que les administrateurs devraient poser
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A guide to financial statements of not-for-profit organizations : questions for directors to ask
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Financial responsibilities of not-for-profit boards
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Sample : financial statements