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Suppose you accept a position as board member of a local nonprofit called “Build Your Future” that works to help low-income high school students get into college or trade school. Based on your accounting experience, they want you to oversee the financial aspects of the organization and help identify members for the new Finance Committee of the board.
Name two types of board members you will want for the Finance Committee. What backgrounds do they need to have? Why are they critical for your “Dream Financial Team”? Are there any accounting/finance groups you might turn to for help or guidance? Which one(s) and why?

 

 

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