Not-for-Profit Governance and Assurance Track
Wednesday, March 11, 2020 – Friday, April 30, 2021
10.5CREDITSAuditing (Governmental), Accounting (Governmental), Behavioral Ethics (not DE Ethics), Business Management and Organization, Finance
Learn how to measure performance, create a controllable budget, and drive the strategic planning process to achieve mission success. Also discussed are ethical issues, techniques to assess risks, and application of the COSO ERM Framework to develop a risk response strategy in the NFP environment. This CPE program contains e-learning exercises, targeted case studies, and detail-rich interpretations to create a flexible, dynamic learning experience you can complete online in your own time.
? Recognize steps to build a realistic and controllable budget.
? Determine how strategic planning may be applied at each stage of the NFP's life cycle.
? Assess risk, develop a risk response strategy, and apply the COSO ERM framework in the NFP environment.
? Identify a process to assess, design, implement, and monitor internal controls that are appropriate for an NFP's size, complexity, and risk.
? Determine strategies to promote a culture of ethical management throughout the entity.
? Use techniques to effectively steward an NFP's resources to achieve mission success.
? NFP business models
? Grants management
? Diversification of revenue streams
? Cash flow management and operating reserves
? Risk assessment, response strategies, and internal controls
? Strategic planning
? Establishing a culture of ethical management
? Characteristics of high-performing boards of directors