scholarly journals Faculty Service As Board Members In The Non-Profit Organizational Arena: An Act Of Altruism Complicated By Sarbanes Oxley

2011 ◽  
Vol 2 (12) ◽  
Author(s):  
Gregory P. Trudeau
Keyword(s):  
Higher Education ◽  
Board Member ◽  
Board Members ◽  
Clear Understanding ◽  
Service Component ◽  
Non Profit ◽  
Sarbanes Oxley ◽  
Faculty Service ◽  
Committee Assignments ◽  
Three Components

Throughout higher education, a common approach to evaluate faculty consists of three components: scholarship, teaching, and service.  The service component can be broadly interpreted to encompass two themes, service on campus via committee assignments or service off campus with organizations in the surrounding community.  Serving as a board member for a local non-profit organization often fulfills the required service component.  Unfortunately, many board members do not have a clear understanding of what this responsibility entails. This paper will look at the responsibilities a board member assumes within the non-profit organization.  Consideration will also be given to these responsibilities from the perspective of Sarbanes-Oxley.

The PCAOB Meets the Constitution: The Supreme Court to Decide on the PCAOB’s Conformity with the Separation of Powers Doctrine and Appointments Clause

2010 ◽  
Vol 24 (1) ◽  
pp. 79-93 ◽  
Author(s):  
Ronald R. King
Keyword(s):  
Supreme Court ◽  
Separation Of Powers ◽  
Securities And Exchange Commission ◽  
Point Of View ◽  
Board Members ◽  
Non Profit ◽  
Sarbanes Oxley ◽  
Public Company ◽  
The Future ◽  
Accounting Standard Setting

SYNOPSIS: This commentary provides an overview of the case currently before the U.S. Supreme Court that alleges constitutional problems with the Public Company Accounting Oversight Board (PCAOB). The PCAOB, a Board designed to oversee auditing for publicly traded firms, was created by Congress when it passed the Sarbanes-Oxley Act of 2002 (hereafter, SOX). To enhance PCAOB’s independence from political pressures, Congress established it as a private-sector, non-profit organization, and gave oversight powers to the Securities and Exchange Commission (hereafter, SEC), an independent agency. The plaintiffs in this case allege that Congress empowered the PCAOB with broad executive powers, yet limited the President’s ability to appoint Board members (thus violating the appointments clause of the Constitution) and to control and/or remove Board members (thus violating the separation of powers doctrine of the Constitution). The Supreme Court’s decision about the constitutionality of the PCAOB is important because of its potential impact on (1) the future of auditing oversight; (2) the validity of SOX; and (3) the future of independent agencies in general. From a policy point of view, the case highlights the importance of the combination of independence and accountability for auditing and accounting standard setting and practice.

scholarly journals Assessment for Faculty Advising: Beyond the Service Component

2017 ◽  
Vol 37 (2) ◽  
pp. 66-75 ◽  
Author(s):  
Ye He ◽  
Bryant Hutson
Keyword(s):  
Higher Education ◽  
Academic Advising ◽  
Current Literature ◽  
Paradigm Shift ◽  
Critical Role ◽  
Faculty Advising ◽  
Service Component ◽  
Faculty Advisor ◽  
Faculty Service ◽  
Advisor Role

The faculty plays a critical role in the academic advising process in higher education settings. On the basis of a review of current literature on faculty advising, we propose a paradigm shift from assessment of faculty advising to assessment for faculty advising that extends the consideration of advising beyond the service component. Building upon an overview of the faculty advisor role, we unpack this paradigm shift and discuss aspects to consider to enhance the quality and assessment for faculty advising in terms of advising content, process, and impact. We highlight faculty engagement in the scholarship of academic advising to recognize faculty advising as more than faculty service responsibilities.

scholarly journals The Sarbanes-Oxley Act And German Non-Profit Organizations: An Empirical Investigation

2012 ◽  
Vol 10 (7) ◽  
pp. 419
Author(s):  
Thomas Wilhelm Hasenpflug
Keyword(s):  
Decision Makers ◽  
Board Members ◽  
Chi Square ◽  
Non Profit ◽  
For Profit ◽  
International Scope ◽  
Stakeholder Groups ◽  
Sarbanes Oxley ◽  
Corporate Governance Mechanisms ◽  
Non Profit Organizations

Drawing on a survey of German non-profit organizations, this paper explores the state of implementation of corporate governance mechanisms by focusing on the organizations profiles. Subject of the research are those mechanisms as developed in the 2002 Sarbanes-Oxley Act for the for-profit sector which have since also been implemented for non-profit sector organizations. In applying chi-square tests, the association between the existence of these practices and a range of organizational characteristics was reviewed and the most influential characteristics were identified. This association of characteristics and practices explains a potential compliance of an organization. Such knowledge can be applied by a number of stakeholder groups, such as organizational decision-makers, legislators and sponsors. The identified characteristics, in order of importance, were annual revenue, age of the organization, existence of an international branch structure, organizations board members being active in the private sector, and organizations having an international scope of activities.

Formation of target capital by non-profit organizations

2014 ◽  
Vol 8 (9) ◽  
pp. 65-80
Author(s):  
Елена Бокарева ◽  
Elena Bokareva ◽  
Елена Егорова ◽  
Elena Egorova ◽  
Анна Леонова ◽  
...  
Keyword(s):  
Higher Education ◽  
Staff Development ◽  
Development Strategy ◽  
Public Awareness ◽  
Public Funding ◽  
Clear Understanding ◽  
Non Profit ◽  
Higher Education System ◽  
Non Profit Organizations

Russian education is undergoing serious changes, especially with respect to higher education. Today, both the state and science expect from universities a high level of service quality and independence in the choice of development strategy. In modern conditions, the university may not be effective, relying only on public funding. That is why for universities in Russia in the near future it is necessary to solve a question of finding additional funding sources, one of which is an increasingly popular mechanism of endowment funds. The relevance of the Endowment Funds for the higher education system is that they allow to accumulate financial resources and ensure the stable development of the universities in the long run. The article presents the results of investigation of the essence and methods of development of the financial mechanism of attraction and use of target capital. To achieve this goal, the following objectives form the structure of this article: a review of the history of the Endowment Funds; a market research of endowment funds in Russia; an analysis and evaluation of public awareness of Endowment Funds. Legislation in many countries stimulates the creation of the target capital, which is the source of income going to the financing of the non-profit sector as a non-profit organization forms an endowment, receives a stable and long-term source of funding for its activities. In addition, the target capital is a significantly more transparent model for donors, compared with the current or one-time funding to provide the ability to control of decision-making. The availability of endowment allows partial independence of non-profit organizations from one-time and sporadic donations, plan their activities in the long term. For non-profit organizations target capital means the ability to finance various projects and programs, professorships (for high schools), construction / renovation of buildings, staff development, etc. The availability of endowment informs that the organization is able to plan its activities for at least the next few years, which indicates a clear understanding by the employees of a nonprofit organization its mission and objectives.

Serving on Organizational Boards: What Nurses Need to Know

2016 ◽  
Vol 21 (2) ◽  
Author(s):  
Ann Stalter ◽  
Deborah Arms
Keyword(s):  
Board Member ◽  
Professional Commitment ◽  
Board Members ◽  
Governing Board ◽  
Leadership Roles ◽  
Policy Decisions ◽  
Job Descriptions ◽  
Willingness To Use ◽  
Business Protocols ◽  
Rules And Standards

If you have ever thought about serving on a board or being actively involved in meetings aimed at making policy decisions, but are not sure you have the knowledge, skills or abilities to serve competently, this article is for you! In this article, the authors describe six competencies needed by nurses who are serving on boards and/or policy committees so as to contribute in a productive manner. These competencies include a professional commitment to serving on a governing board; knowledge about board types, bylaws, and job descriptions; an understanding of standard business protocols, board member roles, and voting processes; a willingness to use principles for managing and leading effective and efficient board meetings; an appreciation for the ethical and legal processes for conducting meetings; and the ability to employ strategies for maintaining control during intense/uncivil situations. They also discuss strategies for demonstrating these competencies and describe personal responsibilities of board members. The authors conclude that a knowledge of these rules and standards is essential in order for nurses to assume leadership roles that will enhance the health of today’s and tomorrow’s societies.

Exploring the accountability relationship between non-profit organisations and the state auditor

2021 ◽  
Author(s):  
Joanne G. Carman
Keyword(s):  
North Carolina ◽  
Best Practices ◽  
The State ◽  
Third Party ◽  
Board Members ◽  
Training And Education ◽  
Non Profit ◽  
The North ◽  
Audit Reports

This article explores the accountability relationship between the state auditor’s office and non-profit organisations by examining the audit reports prepared by the North Carolina State Auditor’s Office for non-profit organisations from 2009 to 2018. The data collected for this study show that the extent to which the state auditor conducts audits of non-profit organisations is fairly limited. Yet, when it does audit them, it is doing so to police their behaviours, monitor their expenditures and ensure that they are being good stewards with the resources they have been given. The findings from this study have important implications, in that they suggest that other accountability mechanisms continue to be important, including: training and education for board members about their legal and fiduciary responsibilities; the importance of adhering to best practices and standards; and the important role that third-party watchdog organisations and accreditors can play in ensuring non-profit accountability.

Perceptions, reality and semantics: exploring perceptions of coaching and academic advising as distinct roles

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Alicia Sepulveda ◽  
Matthew Birnbaum
Keyword(s):  
Higher Education ◽  
United States ◽  
Academic Advising ◽  
Distinct Type ◽  
The United States ◽  
Research Approach ◽  
Clear Understanding ◽  
Academic Coaching ◽  
Content Type ◽  
Practical Implications

PurposeCoaching in higher education has become increasingly common across the United States. Our qualitative study explores the perceptions of coaches and advisors, as they consider academic coaching as a role distinct from academic advising.Design/methodology/approachOur study adopts a qualitative research approach. Two focus groups were conducted with 14 coaching and academic advising professionals.FindingsOur findings identify at least three major themes when considering academic coaching as a role distinct from academic advising: (1) Potential role overlap, (2) Caseload disparities and (3) Philosophical differences. The indiscriminate use of the title of “coach” contributed to confusion, ambiguity and tension.Practical implicationsWithout a clear understanding of the coach role as a distinct type of support in higher education, confusion and ambiguity are likely to continue.Originality/valueNo studies have explored the perceptions of coaches and advisors, as they consider academic coaching as a role distinct in the United States.

scholarly journals A Conceptual Review On Strategic Human Resources Management And Planning In Non Profit Motive Organization

2018 ◽  
Vol 1 (1) ◽  
pp. 18-26
Author(s):  
Gyanendra Bikram Shah
Keyword(s):  
Nonprofit Organizations ◽  
Human Resources Management ◽  
Board Members ◽  
Profit Motive ◽  
Non Profit ◽  
Knowledge And Skills ◽  
Resources Management ◽  
Strategic Human Resources ◽  
Strategic Human Resources Management ◽  
Effective Delivery

The nonprofit and public sectors are facing significant numbers of impending retirements from the traditionalists and baby boomers in their workforces. In an effort to retain the knowledge base of an agency or to better serve its clients, some organizations have developed creative ways to encourage retirement-eligible employees to remain on the job. Public and nonprofit organizations are driven by the knowledge and skills their employees possess. It is shortsighted for elected officials, board members, funders, executives, and other agency leaders to dismiss the importance of SHRM. As important, organizations must reinforce the importance of human capital and the contribution that knowledge management makes to the effective delivery of services.  

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