Aligning Mission and Strategy: Not-for-Profit Governance and Assurance

Available Anytime
Location: Online
1Credits
Technical Business
Registration is Open
FICPA Members
$59.00 Regular Price
Nonmembers
$69.00 Regular Price
Product Code: AI23-NFP2-GRA1
Level: Intermediate
Vendor: AICPA CPE Division
Field of Study: Business Management & Organization

Overview:

This video-based CPE course is included in the Not-for-Profit Certificate II Program. It can be purchased individually or as a part of the Not-for-Profit Certificate II - Governance and Assurance track.

Not-for-profits (NFPs) vary significantly in their purpose, size, and complexity, but they all have one thing in common: they exist to fulfill a societal need or accomplish a public benefit. Strategic planning helps set priorities, allocate resources, and align staff and volunteers' efforts to effectively accomplish the NFP's mission. Successful NFPs can execute a clear strategy, monitor progress and evaluate results. This CPE course offers detail-rich examples and case studies to help you apply proven techniques to strategic planning.

Note: As of August 1, 2018, course content has been updated to reflect implementation of FASB Accounting Standards Updates (ASUs) effective for most not-for-profit entities for their next financial reporting period, including those related to financial statement presentation (ASU 2016-14) and revenue recognition (ASU 2014-09 and ASU 2018-08).

Objectives:

Learning Outcomes

  • Identify the role and responsibilities of the board of directors as it relates to mission and strategy.
  • Recall the steps to create a strategic plan.
  • Determine how strategic planning may be applied at each stage of the NFP's life cycle.

Major Topics:

Key Topics

  • Role of the NFP's governing board
  • Planning considerations for each stage of an NFP's organizational life cycle
  • Business models
  • Strategic planning
  • Consensus-building strategies


Prerequisite:

Intermediate