Ethical Issues in Not-for-Profits
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) are in the public eye and often held to a higher standard than for-profit businesses. Unfortunately, NFPs are not immune to ethical scandals and failures, which often play out in the media with attention from legislators and regulators.
This CPE course offers you detail-rich examples and interpretations that will help you apply proven techniques to address ethical challenges and create governance practices to create a culture of ethical management.
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).
Many states do not accept the AICPA course to meet the Ethics requirement for earning or maintaining a CPA license. Please contact your state board to determine which Ethics course is required
Objectives:
Learning Outcomes
- Recall some of the most common ethical challenges faced by NFPs
- Identify policies and practices that promote ethics in an NFP environment
- Determine strategies an NFP's board and executive management can establish to promote a culture of ethical management throughout the entity
Major Topics:
Key Topics
- Establishing a culture of ethical management and "tone at the top"
- Reputational risk management
- Managing conflicts of interest
- Executive compensation practices
- Ethical fundraising
- Employee policies
- Volunteer management