smithbucklin.com VS.

mca.org.uk

For an association, risk management is about making sure the organization is protected from occurrences that could prevent it from fulfilling its mission or cause financial hardship or loss in reputation. While it is staff’s job to determine exactly what those risks are, the board’s role is to make sure there are processes, protocols, policies, and internal controls in place to safeguard the assets of the association. After all, as fiduciaries for the association, the board is tasked with...