AUD Prep: Can a covered member (partner or professional employee ) serve as a director or officer of a Federated Funded Organization that gives funds or exercises control over funds given to a local charity?

Question

Can a covered member (partner or professional employee ) serve as a director or officer of a Federated Funded Organization that gives funds or exercises control over funds given to a local charity?

Monique Tyler · Accepted Answer

No a covered member cannot serve as a member of a Federated bonded organization in a director or officer capacity or have the Federated bonded organization as an attest client

AUD Prep

Can a covered member (partner or professional employee ) serve as a director or officer of a Federated Funded Organization that gives funds or exercises control over funds given to a local charity?

No a covered member cannot serve as a member of a Federated bonded organization in a director or officer capacity or have the Federated bonded organization as an attest client

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