Nonprofits operate in a unique environment compared to for profits. This course will describe the top accounting, financial reporting, operational, compliance, and other challenges that nonprofits face. This information will assist nonprofit management, governance, and their public accountants in helping the nonprofit achieve both short-term and long-term success.
Course ID: GOVE
Top Operational and Other Challenges for Nonprofits
Learning Objectives
Upon completion of this course participants will be able to:
- Describe unique accounting and financial reporting considerations for nonprofits
- Identify special operational challenges that a nonprofit faces compared to for profit entities
- List compliance requirements that nonprofits often are subject to as it relates to external financial
reporting
- Explain tips for better management and governance of nonprofit organizations
Major Topics
This course will be an overview of:
- Special accounting and financial reporting considerations for nonprofits
- Unique operational considerations for nonprofit management and those charged with governance tomonitor
-
- Anyone interested in risks faced by nonprofits
Compliance requirements commonly faced by nonprofits when providing external financial information
Who Should Attend
Anyone interested in risks faced by nonprofits
Fields of Study
AuditingPrerequisites
None