Risk Assessment for NFP

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Overview

1.0 Credits
ONLINE

Identifying and managing risks is an ongoing process used by an NFP's leadership team and its internal and external auditors for informed decision-making. Risks identified during the audit planning process will affect the audit approach and enable auditors to make recommendations. This CPE course offers you detail-rich examples and a case study that will help you identify, assess, and respond to significant risks within an organization.

Objectives

  • Apply the generally accepted auditing standards when assessing risk as part of planning an audit of a not-for-profit (NFP).
  • Determine audit procedures to address risks.

Major Topics

  • Identifying, assessing and responding to risks.
  • Assessing the adequacy of controls over financial reporting.

Designed For

CPAs, financial professionals and NFP staff and board members looking to deepen their existing knowledge of NFP financial responsibility, and set themselves apart as a leader in this field
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