Not-for-Profit Certificate I - Governance and Assurance

Overview

Part of the Not-for-Profit Certificate I Program, this track will provide a foundation in board governance, auditing and financial oversight of NFPs with a focus on governance practices, risk management, internal control, audit planning and preparation

Highlights

Key Topics

• Principles of good governance
• Risk management and internal controls
• Fraud
• Audit planning and other considerations
• Financial oversight

Prerequisites

None

Designed For

Who Will Benefit

CPAs, board members, and accounting professionals new to NFPs or in need of a refresher.

Objectives

Learning Outcomes

• Identify core principles that drive effective governance.
• Recognize the risk management and internal controls frameworks.
• Identify fraud risks and responses.
• Identify planning activities for an NFP audit.
• Identify the key components necessary for rigorous financial oversight.
• Recognize the unique audit procedures performed during an NFP audit.