Is it a conflict of interest for our volunteer board treasurer, who is an accountant by profession, to have an employee in his firm handle our internal accounting on a pro bono basis?
It may technically be a conflict of interest if the treasurer employs someone in his office to do the work, but as long as it is free, it is not an economic conflict and I don’t think I would be particularly worried about it. It is a little like the treasurer doing the work himself, and I don’t think anyone would call that a conflict of interest.
The issue here is one of oversight, whether the treasurer will somehow be compromised in supervising the employee and less likely to point out errors in the employee’s work if it would cause an embarrassment to his firm. Accountants might consider it akin to a deficiency in internal controls. The organization may want to have some additional unaffiliated oversight, perhaps from an independent auditor.