• kelly

    February 29, 2024 at 12:43 pm

    While we have occasionally recruited CPA’s that is generally difficult since they are so busy with the billable hour expectation. We have successfully recruited business bankers. We have a couple of community banks that serve nonprofits and emphasize community involvement among their officers. Business bankers understand financial statements, audits, and budgets. And bankers typically have lots of community connections. We do not need our treasurer to perform accounting or budgeting. We want our treasurer and finance/audit committee to understand financials so they can provide oversight. We also recruit a couple of community members to our finance/audit committee who are not board members. And we’ve had more luck recruiting CPAs to the committee than to the board itself. It’s a more limited commitment and completely focused on their professional skill set.