Nonprofit Good Practice Guide

Johnson Center at Grand Valley State University

Nonprofit Governance and the Sarbanes-Oxley Act

This article describes how Sarbanes-Oxley forced nonprofits to reevaluate many of their policies concerning document destruction, conflict of interest, whistleblower, etc. in order to be more transparent and accountable to constituents.

Key Terms: accountability, California Nonprofit Integrity Act, conflict of interest, document destruction policy, financial oversight, governance, independent audit committee, policy, Sarbanes-Oxley Act, whistleblower

http://tinyurl.com/2dgqrv

Author: Urban Institute
Published: 2006