Best Practices for NFP Organization - Risk Management
Overview:
In any organization, decision-making and its associated risk and reward is inevitable. Especially during a time of crisis, good risk management practices are important for NFPs to continue to make an impact on their communities.In this presentation, we explore risk management best practices for NFP organizations. We specifically focus on scenario building and contingency planning as well as tools and resources you can utilize to add value to your clients and communities.
Objectives:
Topics of discussion will include:- Explore the concept of scenario planning as a tool to mitigate risk
- Establish scenario assumptions that will mitigate risk and guide the organization’s future actions
- Identify and plan scenarios based on financial impacts
- Identify and plan scenarios based on workforce impacts
- Understand the agility of scenario planning by continually taking action, monitoring outcomes and iterating scenarios
Instructors:
Designed For:
CPAs or accounting professionals
Prerequisite:
Some familiarity with accounting
Additional Info:
Thank you for registering for the "Best Practices for NFP Organization - Risk Management" OnDemand course. You can begin immediately by going to the 24/7 Learning Library portal at https://ficpa.courselaunch.io and logging in with your current FICPA member login credentials.
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