Ask A Nonprofit Specialist - Engaging the Board in Financial Reports
ASU Lodestar Center
MAY 30, 2012
expectations); Compare actual activity to expectations (comparison of budget/prior year to actual); Present a picture of the financial health of the organization. Focus Attention on Critical Factors by Using Ratios, Dashboards and Other Strategies. If not on course, the reports lend guidance to changing plans as necessary.
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