How Should a Board Manage Money?

Jul 22, 2019 12:53:01 PM / by Don Smith posted in Association Management, Financial Management, Strategic Thinking & Decision Making


In the world of association management, few things are as important as the financial health of an organization. In my almost 40 years as a certified public accountant, I have seen many organizations flourish – and fall apart – if daily financials and overall investment strategies are not properly managed. At SEVEN12 Management, we oversee literally hundreds of accounting codes, payments and receivables, investment portfolios, you name it. That’s why keeping on top of things and reporting properly to the board of directors is so important.

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