Risk Assessments for Non-Profit Organizations
Identifying and Mitigating Unique Risks to Improve Internal Controls and Transparency
Recording of a 110-minute CPE webinar with Q&A
This course will review the factors an accounting advisor must include to ensure a well-executed risk assessment or audit tailored to the non-profit organization.
Outline
- Background: Why risk assessments are in demand from non-profits
- Influence of Sarbanes-Oxley and corporate scandals
- Elements of a non-profit’s risk assessment
- Frequency
- Identification of operational risks and controls
- Identification of financial risks
- Identification of marketplace risks
- Insured vs. uninsured risks
- Best practices for conducting the assessment
- Gap analysis
Benefits
The panel will address these and other relevant topics:
- Identifying the particular operational, finance and marketplace risks facing a non-profit.
- Mastering the key elements of a thorough non-profit risk assessment, and avoiding gaps from others' reviews.
- Following best practices in conducting the assessment.
- Helping the non-profit's management mitigate the identified risks.
Faculty

Melanie Lockwood Herman
Executive Director
Nonprofit Risk Management Center
Her organization specializes in risk management consulting and projects for non-profits. She is the author of more than... | Read More
Her organization specializes in risk management consulting and projects for non-profits. She is the author of more than a dozen guides on risk management, and she speaks frequently at seminars and workshops, or on webinars, on the topic.
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Melanie Gray
Director of Quality Assurance, Human Resources and Risk Management
Doorways for Women and Families
She joined the non-profit in 2008 and has 11 years of experience in the field of preventing child abuse and neglect. In... | Read More
She joined the non-profit in 2008 and has 11 years of experience in the field of preventing child abuse and neglect. In her management position, she supervises staff teams and provides quality assurance support for multiple programs, including reporting and quality improvement.
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Bob Broda
Founder and Managing Partner
Visage Solutions
The firm provides risk assessments for a variety of clients, including non-profits. Before founding the firm, he was... | Read More
The firm provides risk assessments for a variety of clients, including non-profits. Before founding the firm, he was vice president and general manager of an international conglomerate.
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Kathy Miller
Vice President and Lead Counselor, Non-Profit Practice
Oswald Companies
She established Oswald’s non-profit practice in 2003 and has more than 27 years of experience in the insurance... | Read More
She established Oswald’s non-profit practice in 2003 and has more than 27 years of experience in the insurance field. The firm works with more than 250 non-profit organizations.
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