Fraternities, Sororities, and their related Organizations operate by governing principles just as other nonprofits and businesses do. To ensure the health and sustainability of the organization, leaders should periodically review key elements of their financial policies and procedures, insurance and risk management approach, and corporate governance, operations, and stewardship. By designing an operational checklist, your organization can create a working document to guide leadership through these periodic check-ins.

VonLehman CPA & Advisory Firm, Fraternal Law, and Favor & Company partner for this three-part series where we will discuss what your Greek Organization needs to keep in mind when designing an operational checklist. First, we hear from VonLehman’s Lauren Kreutzinger, Senior Manager, who discusses annual filings, recommended policies, and other accounting related procedures.