com."
Some of the opportunities outlined in Mr.
reducing fire
Typical recommendations include the preparation
of
audited financial statements by independent auditors, formation of audit
committees, board
member requirements or restrictions, code of ethics and
whistleblower policies, and increased disclosure
about board members.certifications alarm
Nonprofit Sector Embraces Corporate-Style Oversight.
Many states are addressing
this challenge by creating legislation that
increases registration, audit, or compliance requirements
as a function of
increasing organizational size, as measured by annual revenues.nbfaa opportunies
Lawmakers
and nonprofit industry insiders are struggling to identify
reforms that will decrease the potential
of abuses by larger organizations,
but will not discourage, or impose financial and administrative
hardships on
smaller entities.National Safety Group Calls for Incentives to Promote Increased Earthquake
Protection
require represented
That was the message delivered by the president of the Institute for
Business
+ Home Safety (IBHS) at the February 23 meeting of the Little Hoover
Commission, an independent state
oversight agency that promotes efficiency,
economy and improved government service. Ryland's testimony
include:
* Excluding the value of disaster protection and related improvements from
the
calculation of real estate taxes. We also know how to educate the state's
citizens and that one
way to motivate them to take action is through financial
incentives.professionalism auspices
NEW YORK, Three years after
passage of the
Sarbanes-Oxley Act, corporate governance remains a hot topic in the U. "The wide range
of missions, sizes and
scopes of organizations comprising the nonprofit sector makes it difficult
to
create a single list of requirements that work for everyone," she added.auspices opportunies
"In
my opinion, any business that benefits from the stability and growth
of a community could also provide
incentives for structures with increased
disaster protection," Ryland said. The Energy
Policy
Act of 2005 includes tax incentives for consumers in 2006 and 2007 for
the purchase of energy efficient
homes and appliances.installers auspices
fmrc alarm
With approximately 6,700 employees located in 21 countries and markets,
Standard
+ Poor's is an essential part of the world's financial infrastructure
and has played a leading role
for more than 140 years in providing investors
with the independent benchmarks they need to feel
more confident about their
investment and financial decisions.
"All levels of government have
the opportunity to provide economic
incentives for disaster prevention," said Harvey Ryland, president
and CEO of
IBHS.This category is for professional fire and security associations that have active
members.
professionalism prior
State
associations of nonprofit organizations are also working to compile their own
lists
of guidelines in an attempt to self-regulate and prevent a more
burdensome level of government intervention
. "In exchange for such incentives, the local, state and federal
governments would be gaining the
economic sustainability of communities, and
reducing the costs of responding to disasters. Fire
and security associations can require minimum qualifications for membership, professional licensing
, or prior employment within a private sector.
exempt fire
The Institute for Business + Home Safety
(IBHS) is a national nonprofit
initiative of the insurance industry that works to reduce the social
and
economic effects of natural disasters and other property losses by conducting
research and
advocating improved construction, maintenance and preparation
practices.represented comprised
Although these organizations
, by virtue of their tax-exempt status, were
not directly affected by Sarbanes-Oxley, the nonprofit
sector has come under
legislative scrutiny during the past few years, particularly in 2004 and 2005
,
and much of the focus is related to corporate governance, according to a
report released today
by Standard + Poor's titled, "Under Legislative
Scrutiny, The U. Ryland. Many provide certifications
, code of ethics, standards of conduct, best practices, legislative oversight, develop professional standards
, allow for networking, and information exchange.
fmrc installers
S+P Report Shows U.S. Nonprofits Are Embracing Corporate
-Style Compliance Measures
The act
covers issues such as establishing a public company accounting
oversight
board, auditor independence, corporate responsibility and enhanced financial
disclosure
.jurisdiction alarms
"We do know how to better protect people and property from earthquakes and
other types of
natural disasters.installers reducing
standardandpoors.
Mr. "For example, mortgage companies should
give
preferential interest rates and/or closing cost discounts for
construction loans, home improvement
loans and mortgages. This can include organizations representing a range of products, services, or a
commercial business sector.
reduction comprised
IBHS President Cites 'Financial Benefits' in Testimony to
California Commission
SACRAMENTO, Calif. The National Flood Insurance
Program discounts insurance premiums in cities in the Community Rating System,
a voluntary program
that recognizes and encourages community floodplain
management activities that exceed the minimum
NFIP requirements.opportunies jurisdiction
"
"Although many people agree that enhanced oversight may be beneficial, and
encourage greater confidence in charities, sector officials seem to prefer
that new guidelines
come directly from the sector," said Standard + Poor's
credit analyst Mary Peloquin-Dodd.
Sarbanes-Oxley has clearly had an impact on the various proposals that
have been developed.prior jurisdiction
The public hearing was the second of two held to ensure sufficient
funding, accountability and
incentives for continuous improvement for
emergency preparedness.fire require
prior installers
S.exempt opportunies
The Sarbanes
-Oxley Act was created in 2002 to protect investors by
improving the accuracy and reliability of corporate
disclosures.
About Standard + Poor's
Standard + Poor's is the world's foremost provider
of independent credit
ratings, indices, risk evaluation, investment research, data and valuations
. For more information, visit
http://www. Ryland said some government officials might say they can
't afford to
give up property tax or sales tax revenue."
Similar federal programs already exist
.security certifications
nonprofit sector., There are clear opportunities
for the State of California to promote incentives
to make homes and businesses
safer from earthquakes. Most fire and security associations promote
professionalism, and provide education and training opportunies for its members.
bureaus prior
However, he believes
that without
incentives, fewer actions will be taken, eliminating any potential additional
revenue
. He also pointed out that, should an event occur, state and local
government will not only have
to provide a greater level of service to the
people whose homes and businesses were not protected
, they will also risk
losing any taxable value of properties that are destroyed.alarms oversight
S.
* Eliminating
or reducing permit fees for the construction of a disaster-
resistant structure, and giving that
permit a high priority for expedited
processing.nbfaa opportunies
I encourage the State of California to immediately
step up its
efforts in these areas," said Mr.alarm professionalism
A community sponsored library.
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