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Risk Assessment and Internal Controls: Not-for-Profit Governance and Assurance

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Course Description

This CPE course is included in the 40-hour Not-for-Profit Certificate Program . It can also be purchased individually or as a part of the Not-for-Profit Governance and Assurance track. Some organizations give too low a priority to risk management because it is not perceived as urgent. When this is the case, risks can quickly develop into crises. At that point, it is too late to plan ahead, and the organization may not be able to handle situations in an optimal way. It is vital for all not-for-profit entities (NFPs) to have a risk management system designed for their size and complexity. This CPE course provides an overview of risk assessment and internal controls for NFPs. Topics Discussed: Managing risk Risks unique to NFPs Enterprise Risk Management (ERM) COSO ERM framework Employing ERM in smaller NFPs Internal controls COSO Internal Control Framework How to design a system of internal control Conflicts of interest

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Learning Format 2.0 Hours
Self-Study / On-Demand

Credit Type(s)
Business Mgmt & Org

Knowledge Level
Basic