This season on Nonprofit Nuggets, we will focus on recent stories about various nonprofits' missteps and how to avoid some of these mistakes.
In this episode of NNP, we discuss severance misappropriation from the Maryland Environmental Service.
A severe miscommunication between a former MES CEO, board members, and the Governor of Maryland has left all parties in a lurch, as they debate over who knew what regarding the severance payout arrangement that was (supposedly) in place. We highlight the importance of documentation in everything that you do in order to create a paper trail to hold all involved parties accountable and have enough proof to cover yourself in case there are questions.
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Resources
Connect with Chyla and CNRG Accounting Advisory:
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Conflict of Interest with Potential Business Partners
Avoiding Murky Data Reports
Outlining Government Expectations for Financial Accountability
Fiscal Sponsorship Pitfalls
Central Coast Kids and Families Embezzlement
Examining Rodeo Austin Accountant Million Dollar Theft
Prioritizing Organization to Avoid Clerical Errors
Prioritizing Proper Accounting
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