Who's the Boss? The Board or the Executive?

Who's the boss? The board or the executive director/CEO?

The answer: it depends on whether the board is acting as a body, or whether board members are acting as individuals. The key is remembering that the board is different from board members.

See this full article on the Blue Avocado Blog

http://blueavocado.org/node/899

http://blueavocado.org/

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A practical note on accounting for and segregating board designated (and restricted) net assets

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