The Six Pillars that every Organization Needs for Financial Success. #2

Mark Apodaca, PRP

What is the role of the Treasurer and the financial responsibilities of the board of directors?  There are six pillars of nonprofit organization finance, which include (1) fiduciary duties, (2) financial policies, (3) budget review and approval, (4) financial reports, (5) audit and internal control, and (6) fraud and risk.  The Treasurer should be knowledgeable in all six areas and understand the role of the position.

Mark Apodaca, PRP, is a member of the National Association of Parliamentarians and the New Mexico State Association of Parliamentarians and has been serving as a Professional Registered Parliamentarian since 2019. Also, he serves as Treasurer of NAP.  He is the first deaf person to earn the PRP credential in NAP’s history and to be elected to the NAP board of directors. He serves as a parliamentarian to local, state, national, and international organizations. In addition, he provides workshops on board governance, finance training, and parliamentary law and procedure.

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