Section 6: Operations – Finance Policies
The AWNA must operate in a financially sound and prudent manner. Thus, the Executive Director must:, Ensure the AWNA’s financial well-being by not causing or allowing situations that jeopardize the AWNA, Conduct the AWNA’s financial affairs in a
The safety and dignity of its members, its paid and volunteer staff, and anyone who has contact with the AWNA, are of primary importance in the operations of AWNA.
Capital assets must be acquired and disposed of in a cost-effective manner that protects the AWNA from conflict-of-interest situations.
AWNA’s funds are invested to maximize return while protecting principal.
A Confidential Submission Process allows employees to anonymously express concerns regarding financial reporting issues or questionable business practices they observe.
AWNA’s reserves are to ensure the stability of the mission, programs, employment and ongoing operations of the association and to provide a source of internal funds for organizational priorities.
