Page 11 - NCCAA Finance Board Accountability
P. 11

Board Roles and Responsibilities

















       1. Reserves and Cash Flow Management:


            Maintaining appropriate reserves is

            essential for financial sustainability. The


            board should establish policies and


            guidelines for building and maintaining

            reserves to ensure the organization can


            weather unexpected financial

            challenges or pursue new opportunities.


            Managing cash flow effectively is also


            crucial to ensure the organization's day-

            to-day operations are sustainable.
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