So, you have been elected or designated as the Treasurer of your non-profit organization. What does that mean? The Treasure is more than "keeper of the checkbook". Responsibilities can be broken down into three functional areas:
- Financial Management
- Accountability
- Compliance.
Depending on the size of the organization, some of the activities within each functional area can be delegated or out-sourced. It remains the Treasurer's responsibility to coordinate all activities. You can delegate authority, but you can not delegate responsibility.
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