Page 2 - Finance for “Non-Financial” Board Members
P. 2

Key Takeaways





















                     Reading                     Balance Sheet, Cash Flow & Income Statement, Statement of Functional Expenses





                Understanding                   Understanding your fiduciary responsibility





                   Reviewing                    Reviewing financial reports in a timely and effective way





                   Approving                    Approving all budgets/ Agency-wide budget annually/internal control policies/audits



                    CSBG Org

                    Standards                   Category 8 Financial Operations & Oversight
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