{"id":126710,"date":"2024-06-24t11:55:50","date_gmt":"2024-06-24t15:55:50","guid":{"rendered":"\/\/www.g005e.com\/?p=126710"},"modified":"2024-08-29t23:53:00","modified_gmt":"2024-08-30t03:53:00","slug":"when-board-service-gets-tricky","status":"publish","type":"post","link":"\/\/www.g005e.com\/2024\/06\/24\/when-board-service-gets-tricky\/","title":{"rendered":"when board service gets tricky"},"content":{"rendered":"

\"businesspeople<\/strong><\/p>\n

keep the totality of the relationships in mind.<\/strong><\/p>\n

by ed mendlowitz<\/i>
\n202 questions and answers: managing an accounting practice<\/i><\/a><\/p>\n

question:<\/strong> i am on the board of directors and am treasurer of a not-for-profit organization. one of the board members is an officer of a commercial bank where we have our accounts.<\/p>\n

more: <\/b>yes, you have to share work papers<\/a> | hiring experience vs. training inexperience<\/a> | a friendly chat or a billable discussion?<\/a> | when selling a firm to staffers is tricky<\/a> | courting a client? don\u2019t give too much away for free<\/a> | nine tips for a healthier tax season<\/a> | fifteen strategies for first-time supervisors<\/a> | measure knowledge gaps (then close them)<\/a> | should you offer financial services?<\/a> | ready to retire? selling your practice is no strategy<\/a> | 20 things you need for a business valuation<\/a>
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the organization wants to get a one-year cd with some excess funds they have. it turns out that the interest rate is less than half of what we could get from a local savings bank. i suggested that we open the cd in the savings bank and the bank officer got very agitated and threatened to cut off the bank\u2019s support of the organization if we did not keep the funds in his bank.
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