Hendersonville Times-News: "Federal government scrutinizing finances of nonprofits
Overhauls of various financial reporting and financial responsibilities for charities and foundations continues as a topic of interest at the federal level. The Senate Finance Committee held hearings in April on misconduct attributed to nonprofit organizations. This is a continuation of the adoption of Sarbannes-Oxley a few years ago.
The legislation originally paid attention to financial practices in the business world, but has increasingly turned attention to the nonprofit community"
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