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ST. CLAIR COUNTY COMMUNITY MENTAL HEALTH AUTHORITY ADMINISTRATIVE PROCEDURE Date Issued: 9/22-Page 1 CHAPTER Fiscal ManagementCHAPTER 07SECTION FinanceSUBJECTWRITTEN BY Karen A. Far, CPA I.REVISED

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How to fill out board fiscal responsibilities

01

Review financial statements and budget to understand the financial status of the organization

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Attend board meetings to discuss fiscal matters and make decisions

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Work with the treasurer or finance committee to draft and approve financial policies

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Monitor financial activities and ensure compliance with legal and regulatory requirements

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Communicate with stakeholders about financial performance and address any concerns

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What is board fiscal responsibilities?

Board fiscal responsibilities refer to the duties and obligations of a board of directors or trustees in managing the financial affairs and resources of an organization.

Who is required to file board fiscal responsibilities?

The board of directors or trustees of an organization is typically required to file board fiscal responsibilities.

How to fill out board fiscal responsibilities?

Board fiscal responsibilities are typically filled out by documenting financial decisions, budgeting, monitoring financial statements, and ensuring compliance with financial policies.

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The purpose of board fiscal responsibilities is to ensure financial transparency, accountability, and prudent management of resources.

What information must be reported on board fiscal responsibilities?

Information such as budget forecasts, financial statements, expenses, income, and any financial decisions made by the board must be reported.

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