Page 16 - NCCAA Finance Board Accountability

Questions Board Members Should Ask?

✓ How does the organization's current

financial performance compare to the

budget? Review the budget versus actual

financial reports to identify any significant

discrepancies and understand the reasons

behind them.

✓ Are there any cash flow concerns? Evaluate

the organization's cash flow management,

including cash reserves, accounts receivable,

and accounts payable, to ensure that the

organization can meet its short-term financial

obligations.