STATEMENT OF FINANCIAL ACCOUNTABILITY
The Arkansas Wildlife Federation is a 501 (c) (3) non-profit organization founded in 1936.
The board of directors has set forth the following policies to ensure the sound and responsible management of the Arkansas Wildlife Federation’s assets.
CONFLICTS OF INTEREST
The bylaws of the Arkansas Wildlife Federation mandate that no directors/members shall receive receive any pecuniary profit from the operations of the corporation. As volunteers, directors receive no compensation for their service to and management of AWF’s affairs. It is the policy of the AWF that actual conflicts of interest, as well as the appearance of conflict of interest, be avoided.
INDEPENDENT AUDIT PROCESS
The Arkansas Wildlife Federation, as a non-profit organization, periodically undergoes an independent audit process. This process is managed by the federation’s finance committee.
RESPONSIBILITIES OF AUDITORS
The Arkansas Wildlife Federation periodically contracts an independent accounting firm to prepare audits of the federation’s finances. Currently, one firm is involved in the periodic audit process and annual tax preparation only. All other financial management operations are handled internally by the Treasurer and staff.
CERTIFIED FINANCIAL STATEMENTS
The Arkansas Wildlife Federation’s Executive Board and President routinely review and sign off on financial statements with approval and support from the Treasurer and finance committee.
The Arkansas Wildlife Federation provides access to the most recent independent audit reports and Form 990 Tax Returns.