Please explain the answer. Thank you.

ASSIGNMENT 1.2. PROPOSING IMPROVEMENTS TO A NONPROFIT'S ACCOUNTABILITY STANDARDS One of the most famous corruption scandals in nonprofit history is the fall of William Aramony, who served as president of the United Way, one of the largest nonprofits in the United States, from 1970 to 1992. Aramony resigned amid scandal and was convicted and served six years in federal prison for conspiracy, fraud, and theft. He spent lavishly, including purchasing a home with United Way funds, and siphoned funds from the nonprofit, directing them to another company for his young mistress. The thirty- three members of the board of directors, a who's who of America's corporate and labor leaders, were not charged with any crimes, although federal prosecutors said they were unduly respectful of Aramony. If you were asked by the board of directors of the United Way to help improve the organization's accountability standards, what advice would you give the board? You can assume that the board of directors of a nationally known nonprofit had several working committees, including a finance committee and an executive committee, as well as an outside auditor who examined the nonprofit's finances and created audited financial statements