Where was the Board?

When nonprofit scandals occur, many people ask the question, "Where was the board of directors?" Auditors and accountants would like to believe the fairy tale that a board of directors should be able to safeguard an organization from every threat that could occur. However, experience has taught us that there are dangers in that assumption. Typically, nonprofit board members have full time day time jobs and are volunteering their time because they believe in the organizations’ ...