There is simply no denying that a sufficiently designed and effectively operating system of internal controls over reliable financial reporting is more important than ever. The primary objective of this accounting for nonprofits course is to give participants "hands-on" practice in designing, evaluating, and communicating conclusions related to design and operating effectiveness of internal controls over reliable financial reporting and other risks for nonprofit environments.
Learning Objectives
Upon completion of this course, participants will be able to:
Describe critical concepts promulgated by COSO's internal control and enterprise-wide risk management
Explain best practices for designing, implementing and monitoring internal controls over reliable financial reporting
Apply exercises and case studies to reinforce fundamental theory through "real-life" scenarios that both internal and external accounting personnel performing internal control-related activities in the nonprofit industry
