PROED 526 - Internal Controls and Risk Management in Nonprofit Organizations

In this course, you'll learn how to identify the characteristics of an organization with an effective control environment. While we will spend part of our time discussing control activities, we'll also discuss the role of management and the board in creating an effective control environment for an organization. Part of a good control environment is effective risk management. We will discuss how an organization can identify and monitor risk including how the organization can use insurance to shift operational risk. Topics will include property and casualty, D & O, auto liability, bonding, workers compensation, and establishing loss control and on-site safety.