Applying the COSO ERM Framework

Authored by Audrey L. Newton, CPA, Partner, Johnson Lambert LLP
About this Course

How does your not-for-profit (NFP) ensure stewardship for funds received and accountability to constituents? Do you consider potential challenges or weaknesses - both operational and organizational - that could lead to negative consequences? Risk management is a continuous process. Failure to effectively consider and respond to risks could lead to lost revenue, increased costs, a tarnished reputation, and a decrease in constituents' perceived value of services. Not only is risk management an essential element of good governance, but it also informs the strategic planning process to keep an NFP on a path to mission success. In this CPE course, you will learn how to apply risk management techniques using the COSO Enterprise Risk Management (ERM) framework to create a strategy and an internal control structure tailored for the NFP environment. This course contains step-by-step examples and case studies to help you create a scalable risk management structure for any NFP.

Who will it benefit?
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
$ 89.00
AICPA Member Price: $ 69.00
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NASBA Field of Study
Accounting
Level
Basic
CPE Credits
2.0
Prerequisites
None
Delivery Method
QAS Self-Study
Advance Preparation
None
Last Updated
04/21/2017
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