FMA ArticlesThe Evolution of Human Resources Directors' ResponsibilitiesThe CPA Journal, July 2009, Russ Pomeranz This article focuses on the role of the human resources director in the current economic downturn and subsequent intense organizational financial scrutiny. To protect the bottom line, chief executive officers (CEO), chief financial officers (CFO), and program staff realize that mission fulfillment and metric realization is contingent upon making sure the right administrative, program, and development human resources are in place and will remain in place for both the short and long term. To read more and download the PDF, click here.
Principles for Good Governance and Ethical Practice:
A Guide for Charities and Foundations
Panel on the Nonprofit Sector convened by Independent Sector – October 2007 Read the excerpted document created by FMA. The Yin and the Yang of Strong Fiscal Infrastructures and Sound Programs April 2009, Jean Ries In responding to the increasingly complex not-for-profit compliance, funding and operations requirements the sector is facing, many leaders are choosing to strengthen their organizations by reviewing their fiscal infrastructures.This article gives you a brief overview of the components and the process. A Countywide Non-profit Call to Action The Register Star February 2009 On Feb 26, 2009, Russell Pomeranz, Manager of Fiscal Advisory Services, was published in The Register Star. The article, “A Countywide Non-profit Call to Action”, calls on non-profit and community leadership to get together, think through their options, and possibly establish a task force to act on a more proactive approach to ensuring the influence of the sector. Fiscal Management: How Do Nonprofits Do It? New York Nonprofit Press September 2008 How should nonprofits manage their finances? That is an easier question to ask than to answer. On the one hand, there are certain financial standards and “best practices” to which all organizations should aim. Yet, the range of actual fiscal management practices can be as variable as the nonprofit sector itself. What is the proper role of a nonprofit Chief Financial Officer? CPA Journal February 2008 Russ Pomeranz, FMA's Manager of Financial Advisory Services, has published an article in the February 2008 issue of the CPA Journal arguing that the nonprofit CFO must not be relegated to the role of "bean counter" but can and should serve as a strategic resource in advancing the organization's mission. The article details what a truly strategic financial function would look like, as well as outlining practical steps for moving your organization in that direction. Click here to download the article in PDF format. Summary Document: Principles for Good Governance and Ethical Practice: A Guide for Charities and Foundations Panel on the Nonprofit Sector convened by Independent Sector – October 2007 The Independent Sector has released the Principles Workbook: Steering Your Board Toward Good Governance and Ethical Practice, a tool designed to help the nonprofit community meet its commitment to examine and improve their governance practices. FMA has provided an excerpted document that highlights the main aspects of the document including: Principles for facilitating legal compliance and public disclosures, effective governance, strong financial oversight, and principles of responsible fundraising. Read the excerpted document created by FMA here. Articles featuring FMAWorst Case ScenariosBy Ben Gose The Chronicle of Philanthropy, July 2009 This article highlights how charities with contingency plans are doing better in the recession and mentions Managing Director of FMA, Hilda Polanco and our work with foundations. To read the full article visit The Chronicle of Philanthropy's website and search for the "Worst Case Scenarios" article. (To read the full article you must be a member of their site.) "Judge for Yourself: How a board self-assessment can help ensure accountability" by Robin A. Lempert. Advancing Philanthropy. Features FMA's "Fiscal Oversight Checklist" and guidance on how a nonprofit can conduct a self-assessment. |
Resource Center: Publications: FMA Articles
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