... BoardMembers2Not -for- Profit Accounting, Tax, and Reporting Requirements, Fourth Editionby Edward J. McMillanCopyright © 2010 John Wiley & Sons, Inc.NOT -FOR- PROFITACCOUNTING, TAX, AND REPORTING REQUIREMENTS Fourth ... ofknowledgeable investment advisors to promulgate proper investment policies. Notethe committee’s suggestion on investments and action approved in the minutes.14. Financial and accounting policies.Financial ... in the areas of financial and accounting, invest-ments, personnel, internal controls, officers and administration, and so on.14 Not -for- Profit Accounting, Tax, and Reporting Requirements 15CHAPTERTHE...