Financial Officers
Nonprofits of all kinds have to fight in these tough times to earn donations or even some business-related revenues associated with their missions. But many people forget that the fiscal responsibility of these public benefit corporations extends beyond the act of earning their money or gathering donations. They need also to accurately report the revenues they earn and ensure that the dollars are spent in accordance with their promises. Traditional business investments can be lax in the pursuit of profits, but charities have to be very honest as they try to help others.
The job of the Financial Officer is to ensure that the records and actions of the club are as consistent with these nonprofit and social benefit expectations as possible. This person (sometimes with a committee) must be part of the leadership team and must take the steps necessary to help the organization's director and governing board make intelligent financial decisions (CIPFA, 2009).
In smaller clubs and organizations, the Financial Officer is often the Treasurer (Writer, 2012)....
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