Sarbanes-Oxley for nonprofits: a guide to gaining competitive advantage
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Hoboken, N.J.
John Wiley & Sons
2005
|
| Subjects: | |
| Online Access: | Table of contents Inhaltsverzeichnis |
| Physical Description: | XIX, 234 S. |
| ISBN: | 0471697885 |
Staff View
MARC
| LEADER | 00000nam a2200000zc 4500 | ||
|---|---|---|---|
| 001 | BV019973605 | ||
| 003 | DE-604 | ||
| 005 | 20080617 | ||
| 007 | t | ||
| 008 | 050727s2005 xxu |||| 00||| eng d | ||
| 010 | |a 2004029119 | ||
| 020 | |a 0471697885 |c cloth |9 0-471-69788-5 | ||
| 035 | |a (OCoLC)845833906 | ||
| 035 | |a (DE-599)BVBBV019973605 | ||
| 040 | |a DE-604 |b ger |e aacr | ||
| 041 | 0 | |a eng | |
| 044 | |a xxu |c US | ||
| 049 | |a DE-1049 |a DE-1102 |a DE-M382 | ||
| 050 | 0 | |a HG4027.65 | |
| 082 | 0 | |a 657/.98 |2 22 | |
| 084 | |a QQ 537 |0 (DE-625)141982: |2 rvk | ||
| 100 | 1 | |a Jackson, Peggy M. |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Sarbanes-Oxley for nonprofits |b a guide to gaining competitive advantage |c Peggy M. Jackson ; Toni E. Fogarty |
| 246 | 1 | 0 | |a non-profits |
| 264 | 1 | |a Hoboken, N.J. |b John Wiley & Sons |c 2005 | |
| 300 | |a XIX, 234 S. | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 610 | 2 | 4 | |a United States |t Sarbanes-Oxley Act of 2002 |
| 610 | 2 | 7 | |a USA |t Sarbanes-Oxley Act of 2002 |0 (DE-588)4731664-0 |2 gnd |9 rswk-swf |
| 650 | 4 | |a Recht | |
| 650 | 4 | |a Nonprofit organizations |z United States |x Finance |x Management | |
| 650 | 4 | |a Nonprofit organizations |x Accounting |x Law and legislation | |
| 650 | 4 | |a Nonprofit organizations |x Auditing |x Law and legislation | |
| 650 | 4 | |a Nonprofit organizations |z United States |x Management | |
| 650 | 0 | 7 | |a Nonprofit-Organisation |0 (DE-588)4293729-2 |2 gnd |9 rswk-swf |
| 651 | 4 | |a USA | |
| 689 | 0 | 0 | |a USA |t Sarbanes-Oxley Act of 2002 |0 (DE-588)4731664-0 |D u |
| 689 | 0 | 1 | |a Nonprofit-Organisation |0 (DE-588)4293729-2 |D s |
| 689 | 0 | |5 DE-604 | |
| 700 | 1 | |a Fogarty, Toni E. |e Verfasser |4 aut | |
| 856 | 4 | |u http://www.loc.gov/catdir/toc/ecip055/2004029119.html |3 Table of contents | |
| 856 | 4 | 2 | |m HBZ Datenaustausch |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=013225472&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
Record in the Search Index
| _version_ | 1805082866831327232 |
|---|---|
| adam_text |
¦
Contents ACKNOWLEDGMENTS XIII
ABOUT THE AUTHORS XV
PREFACE XVII
chapter 1 Overview of the Legislation and Its Implications
for Nonprofits 1
What Is the Sarbanes Oxley Legislation About? 1
Relevance of SOX to Nonprofits 12
Current Legislative Environment for Nonprofits 13
Conclusion 26
Endnotes 26
chapter 2 Safeguarding Your Nonprofit's Financial Resources
and Assets: Establishing Auditor Independence
and Audit Committee Competence 27
SOX Titles II and III 28
The Value of Accurate Financial Statements 29
The Importance of a Good Audit 30
The Board's Responsibility Regarding the Financial
Statements 32
Conclusion 38
chapter 3 Reading and Interpreting Financial Statements 39
Balance Sheet 42
Statement of Operations 46
Statement of Changes in Net Assets 49
Statement of Cash Flows 50
Financial Statement Analysis 52
Conclusion 65
vfl
ViH CONTENTS
CHAPTER4 Form 990: Unnecessary Paperwork or a Useful Tool? 67
What Are Form 990 and Form 990 EZ? 67
Why Is Form 990 Important? 68
Management's Role in Improving Form 990:
Creating a Good Internal Control System 69
The Board's Role in Form 990 72
Conclusion 74
chapter 5 SOX Sections VIII and XI: Document Retention and
Whistleblower Protection Obligations 75
Whistleblower Protection 76
Creating a Confidential Reporting System 77
Document Retention, Archiving, and Retrieval 79
First Steps: Beginning the Process 79
Conclusion 84
chapter6 Raising the Bar of Accountability: SOX Best Practices
and the Board 85
Legislative Environment: Best Practices and Governance 86
New Expectations for Board Oversight and Governance 89
Higher Expectations for Board Membership and
Deliberations 90
SOX and the Board: Higher Performance and
Greater Accountability 96
Championing SOX Best Practices: The Board's
Governance Role 98
Conclusion 102
chapter 7 SOX Best Practices and Organizational Culture:
Changing the Environment 103
The Nonprofit's Organizational Culture and the
Adaptation of SOX Best Practices 103
Introducing Change 110
Nonprofit Board Culture 112
Strategies for Introducing Change in the Board Culture 120
Conclusion 121
Endnote 121
chapter 8 A Platinum Operating Standard Starts
with Good Bones 123
SOX Best Practices: Moving to a Platinum
Operating Standard 123
What Are Platinum Operating Standards? 125
Review of Internal Controls 126
CONTENTS iX
Conducting the Review of Internal Controls 133
Content and Structure of the Review of Internal
Controls Report 134
Conclusion 135
Endnote 135
CHAPTER9 Creating a Competitive Advantage: Leveraging SOX
Best Practices 137
Competitive Advantages of Being in Compliance with
Sarbanes Oxley Best Practices 138
Conclusion 154
Endnotes 154
chapter 1O SOX Best Practices for Small Nonprofits 155
Five Myths That Hold Small Nonprofits Back 155
Adopting SOX Best Practices 157
Scaling the SOX Best Practices to Fit the Needs of
Small Nonprofits 157
Keys to Success in Customizing SOX Best Practices 162
Conclusion 163
appendices Best Practices: Checklists, Worksheets, and
Sample Documents 165
appendixa Working Through the Four Basic Financial Statements 167
Balance Sheet 167
Statement of Operations 175
Statement of Changes in Net Assets 181
Statement of Cash Flows 184
appendixb Whistleblower Protection Policy 189
appendixc Document Retention and Storage Protocols 191
Document Retention Policy—Talking Points 191
Writing the Policy—Talking Points 191
Special Designations for Sensitive Documents 193
Storing and Archiving the Documents 194
Testing the System 194
appendixd Audit Committee Procedures and Protocols 195
Audit Committee 195
Composition of the Committee 195
Committee Functions and Deliverables 195
X CONTENTS
appendixe Conflict of Interest Policy 197
Talking Points 197
Sample Conflict of Interest Letter 199
appendixf Code of Ethics for Board and Senior Management 201
Talking Points 201
Sample Code of Ethics for a Nonprofit Board Member 202
appendixg Board of Directors—Governance Profile and
Performance Expectations 203
Oversight and Policy Making 203
Term Limits 203
Summary of Board Committees' Descriptions and
Performance Objectives 204
Process for Board Member Nomination and Election 204
appendixh Board Orientation Session 207
Outline of Curriculum 207
Board Binder Contents 208
appendixi Review of Internal Controls Report and
Recommendations 211
Overview of the Project 211
Systems 211
Recommendations and Time Line 212
appendix j Risk Management Plan 213
Profile 213
Risk Management Worksheets 213
Worksheet 1—List Areas of Concern 214
Worksheet 2—Tier 1 and Tier 2 Risks 214
Worksheet 3—Strategies for Dealing with Risk 215
Worksheet 4—Time Line 215
Worksheet 5—Risk Administration and Monitoring 216
Worksheet 6—Risk Management Plan Template:
Table of Contents 216
Sample Risk Management Plan: Table of Contents 217
APPENDIXE Business Continuity Plan 219
Emergency Protocols 219
Contact Information for Board Members and Staff 220
Business Resumption Strategies for Each Department within
Your Nonprofit 220
Communication 221
CONTENTS Xi
Financial Services 221
Vendors 221
Service Providers—Utilities, Water, Governmental Agencies 222
If Your Nonprofit Needs to Relocate 222
appendixl Bibliography 225
INDEX 229 |
| any_adam_object | 1 |
| author | Jackson, Peggy M. Fogarty, Toni E. |
| author_facet | Jackson, Peggy M. Fogarty, Toni E. |
| author_role | aut aut |
| author_sort | Jackson, Peggy M. |
| author_variant | p m j pm pmj t e f te tef |
| building | Verbundindex |
| bvnumber | BV019973605 |
| callnumber-first | H - Social Science |
| callnumber-label | HG4027 |
| callnumber-raw | HG4027.65 |
| callnumber-search | HG4027.65 |
| callnumber-sort | HG 44027.65 |
| callnumber-subject | HG - Finance |
| classification_rvk | QQ 537 |
| ctrlnum | (OCoLC)845833906 (DE-599)BVBBV019973605 |
| dewey-full | 657/.98 |
| dewey-hundreds | 600 - Technology (Applied sciences) |
| dewey-ones | 657 - Accounting |
| dewey-raw | 657/.98 |
| dewey-search | 657/.98 |
| dewey-sort | 3657 298 |
| dewey-tens | 650 - Management and auxiliary services |
| discipline | Wirtschaftswissenschaften |
| format | Book |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nam a2200000zc 4500</leader><controlfield tag="001">BV019973605</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20080617</controlfield><controlfield tag="007">t</controlfield><controlfield tag="008">050727s2005 xxu |||| 00||| eng d</controlfield><datafield tag="010" ind1=" " ind2=" "><subfield code="a">2004029119</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">0471697885</subfield><subfield code="c">cloth</subfield><subfield code="9">0-471-69788-5</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)845833906</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV019973605</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">aacr</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="044" ind1=" " ind2=" "><subfield code="a">xxu</subfield><subfield code="c">US</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-1049</subfield><subfield code="a">DE-1102</subfield><subfield code="a">DE-M382</subfield></datafield><datafield tag="050" ind1=" " ind2="0"><subfield code="a">HG4027.65</subfield></datafield><datafield tag="082" ind1="0" ind2=" "><subfield code="a">657/.98</subfield><subfield code="2">22</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QQ 537</subfield><subfield code="0">(DE-625)141982:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Jackson, Peggy M.</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Sarbanes-Oxley for nonprofits</subfield><subfield code="b">a guide to gaining competitive advantage</subfield><subfield code="c">Peggy M. Jackson ; Toni E. Fogarty</subfield></datafield><datafield tag="246" ind1="1" ind2="0"><subfield code="a">non-profits</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Hoboken, N.J.</subfield><subfield code="b">John Wiley & Sons</subfield><subfield code="c">2005</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">XIX, 234 S.</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="610" ind1="2" ind2="4"><subfield code="a">United States</subfield><subfield code="t">Sarbanes-Oxley Act of 2002</subfield></datafield><datafield tag="610" ind1="2" ind2="7"><subfield code="a">USA</subfield><subfield code="t">Sarbanes-Oxley Act of 2002</subfield><subfield code="0">(DE-588)4731664-0</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Recht</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Nonprofit organizations</subfield><subfield code="z">United States</subfield><subfield code="x">Finance</subfield><subfield code="x">Management</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Nonprofit organizations</subfield><subfield code="x">Accounting</subfield><subfield code="x">Law and legislation</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Nonprofit organizations</subfield><subfield code="x">Auditing</subfield><subfield code="x">Law and legislation</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Nonprofit organizations</subfield><subfield code="z">United States</subfield><subfield code="x">Management</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Nonprofit-Organisation</subfield><subfield code="0">(DE-588)4293729-2</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="651" ind1=" " ind2="4"><subfield code="a">USA</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">USA</subfield><subfield code="t">Sarbanes-Oxley Act of 2002</subfield><subfield code="0">(DE-588)4731664-0</subfield><subfield code="D">u</subfield></datafield><datafield tag="689" ind1="0" ind2="1"><subfield code="a">Nonprofit-Organisation</subfield><subfield code="0">(DE-588)4293729-2</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2=" "><subfield code="5">DE-604</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Fogarty, Toni E.</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="856" ind1="4" ind2=" "><subfield code="u">http://www.loc.gov/catdir/toc/ecip055/2004029119.html</subfield><subfield code="3">Table of contents</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">HBZ Datenaustausch</subfield><subfield code="q">application/pdf</subfield><subfield code="u">http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=013225472&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA</subfield><subfield code="3">Inhaltsverzeichnis</subfield></datafield></record></collection> |
| geographic | USA |
| geographic_facet | USA |
| id | DE-604.BV019973605 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-20T07:39:28Z |
| institution | BVB |
| isbn | 0471697885 |
| language | English |
| lccn | 2004029119 |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-013225472 |
| oclc_num | 845833906 |
| open_access_boolean | |
| owner | DE-1049 DE-1102 DE-M382 |
| owner_facet | DE-1049 DE-1102 DE-M382 |
| physical | XIX, 234 S. |
| publishDate | 2005 |
| publishDateSearch | 2005 |
| publishDateSort | 2005 |
| publisher | John Wiley & Sons |
| record_format | marc |
| spelling | Jackson, Peggy M. Verfasser aut Sarbanes-Oxley for nonprofits a guide to gaining competitive advantage Peggy M. Jackson ; Toni E. Fogarty non-profits Hoboken, N.J. John Wiley & Sons 2005 XIX, 234 S. txt rdacontent n rdamedia nc rdacarrier United States Sarbanes-Oxley Act of 2002 USA Sarbanes-Oxley Act of 2002 (DE-588)4731664-0 gnd rswk-swf Recht Nonprofit organizations United States Finance Management Nonprofit organizations Accounting Law and legislation Nonprofit organizations Auditing Law and legislation Nonprofit organizations United States Management Nonprofit-Organisation (DE-588)4293729-2 gnd rswk-swf USA USA Sarbanes-Oxley Act of 2002 (DE-588)4731664-0 u Nonprofit-Organisation (DE-588)4293729-2 s DE-604 Fogarty, Toni E. Verfasser aut http://www.loc.gov/catdir/toc/ecip055/2004029119.html Table of contents HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=013225472&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Jackson, Peggy M. Fogarty, Toni E. Sarbanes-Oxley for nonprofits a guide to gaining competitive advantage United States Sarbanes-Oxley Act of 2002 USA Sarbanes-Oxley Act of 2002 (DE-588)4731664-0 gnd Recht Nonprofit organizations United States Finance Management Nonprofit organizations Accounting Law and legislation Nonprofit organizations Auditing Law and legislation Nonprofit organizations United States Management Nonprofit-Organisation (DE-588)4293729-2 gnd |
| subject_GND | (DE-588)4731664-0 (DE-588)4293729-2 |
| title | Sarbanes-Oxley for nonprofits a guide to gaining competitive advantage |
| title_alt | non-profits |
| title_auth | Sarbanes-Oxley for nonprofits a guide to gaining competitive advantage |
| title_exact_search | Sarbanes-Oxley for nonprofits a guide to gaining competitive advantage |
| title_full | Sarbanes-Oxley for nonprofits a guide to gaining competitive advantage Peggy M. Jackson ; Toni E. Fogarty |
| title_fullStr | Sarbanes-Oxley for nonprofits a guide to gaining competitive advantage Peggy M. Jackson ; Toni E. Fogarty |
| title_full_unstemmed | Sarbanes-Oxley for nonprofits a guide to gaining competitive advantage Peggy M. Jackson ; Toni E. Fogarty |
| title_short | Sarbanes-Oxley for nonprofits |
| title_sort | sarbanes oxley for nonprofits a guide to gaining competitive advantage |
| title_sub | a guide to gaining competitive advantage |
| topic | United States Sarbanes-Oxley Act of 2002 USA Sarbanes-Oxley Act of 2002 (DE-588)4731664-0 gnd Recht Nonprofit organizations United States Finance Management Nonprofit organizations Accounting Law and legislation Nonprofit organizations Auditing Law and legislation Nonprofit organizations United States Management Nonprofit-Organisation (DE-588)4293729-2 gnd |
| topic_facet | United States Sarbanes-Oxley Act of 2002 USA Sarbanes-Oxley Act of 2002 Recht Nonprofit organizations United States Finance Management Nonprofit organizations Accounting Law and legislation Nonprofit organizations Auditing Law and legislation Nonprofit organizations United States Management Nonprofit-Organisation USA |
| url | http://www.loc.gov/catdir/toc/ecip055/2004029119.html http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=013225472&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT jacksonpeggym sarbanesoxleyfornonprofitsaguidetogainingcompetitiveadvantage AT fogartytonie sarbanesoxleyfornonprofitsaguidetogainingcompetitiveadvantage AT jacksonpeggym nonprofits AT fogartytonie nonprofits |