EP18: The Importance of Financial Policy and Internal Control Narrative for Nonprofits

Summary: In this episode, Sonja Jones discusses the importance of two documents that every nonprofit should have: a financial policy and an internal control narrative. She explains the purpose of each document and provides examples of what should be included. Sonja emphasizes the importance of these documents for compliance and accountability. She also offers assistance to nonprofits in creating these documents. Chapters: 00:00 - Introduction and Greetings to Nonprofits 01:09 - Importance of Financial Policy and Internal Control Narrative 11:22 - Standard Operating Procedures in the Internal Control Narrative 21:01 - Assistance Available for Creating Financial Policy and Internal Control Narrative 21:56 - Conclusion and Call to Action Financial Freedom Roadmap: https://bit.ly/3U1lZJg Purchase the Business Finance Blueprint: https://buy.stripe.com/5kA03O4N00y6gog3cc #grants #finance #buildingyourbrand #business #businesssuccess #podcastthursday  🌟 Stay connected and dive deeper into the world of From Chaos to Clarity: Unleash Your Business Potential! 🌐✨ Follow us on social media for exclusive content, behind-the-scenes glimpses, and updates on the latest episodes. 🎙️ Join our community and be part of the conversation!  Instagram:  https://www.instagram.com/gip_financials/ LinkedIn:  https://www.linkedin.com/in/sonja-jones-virtual-accountant-%F0%9F%93%8A-9021542b/ Facebook: https://www.facebook.com/GIP.FINANCIA... Tiktok: https://www.tiktok.com/@damoneylady?i...