What accountability standards does United Way have in place?
All United Way financial records are handled in accordance with American Institute of Certified Public Accountants guidelines and Financial Accounting Standards Board standards for all nonprofit organizations. A volunteer Finance Committee, chaired by the Board Treasurer, oversees the financial operations. Each year United Way is audited by an independent accounting firm (currently Brady Ware) and consistently receives a “clean” audit. United Way practices full voluntary disclosure of its financial records.
Related Questions
- What are your organizations expectations for the results of the Administrative Simplification standards requirements in the Health Insurance Portability and Accountability Act of 1996?
- Does the United Way of Venango County meet the Standards of Excellence set forth by United Way of America?
- What accountability standards does United Way have in place?