Boards of Management now have stricter legal responsibility for the financial integrity and performance of their organisations. They have to ensure, through the organisation's management, that there is compliance with legislative requirements and high level financial accountability.
There is also increasing pressure from funding bodies, members and the public for organisations to meet more comprehensive reporting standards and to demonstrate financial diligence.
The Community Business Bureau provides Financial Services which assist organisations to manage their financial obligations in a professional and cost-effective way.