September 1, 2005 | Read Time: 1 minute
Sarbanes-Oxley for Nonprofits: A Guide to Building Competitive Advantage
by Peggy M. Jackson and Toni E. Fogarty
While only two provisions of the Sarbanes-Oxley Act of 2002 apply to nonprofit groups, charities can gain an advantage over competing organizations by complying with the law’s standards, write the authors.
Peggy M. Jackson, a consultant and lecturer on risk management in nonprofit organizations, and Toni E. Fogarty, an assistant professor at California State University-East Bay, in Hayward, show how charities can use the new law’s standards to create more effective boards whose members fulfill their fiduciary obligations and take on more management responsibilities. The authors provide guidance on how audit committees, conflict-of-interest policies, internal oversight of finances, and other regulations under the law can help charities improve their public reputation.
The authors also describe how nonprofit groups can put into place those regulations that do apply to charities—whistleblower-protection policies and document-storage systems.
Publisher: John Wiley and Sons, 111 River Street, Hoboken, N.J. 07030-5774; (201) 758-6000; fax (201) 758-6088; http://www.wiley.com; 234 pages; $45; ISBN 0-471-69788-5.
