Governance of Nonprofit Organizations
Board Duties, Financial Oversight, and Strategic Planning for Nonprofits
About This Course
Course Information
This course explores the role of Corporate Governance for Nonprofit Organizations. Nonprofit Organizations typically run on a value for money (VFM) model and their purpose and structure make the agency problem even more complex. This course covers a range of topics to understand governance and best practices for Nonprofits, such as board size and structure, budgeting and financial oversight, as well as the legal and regulatory compliance that they need to be aware of.
Certificate on Completion
This course is made up of videos, questions and additional reading materials and accounts for 3 units of CPD . One unit is the equivalent of one hour of learning. A certificate will be issued once you have completed all 3 units. Each unit represents one hour of learning.
Course Sections
This CPD course is made up of the following sections:
- Governance of Nonprofit Organizations (Multiple Videos)
- Governance of Nonprofit Organizations (Multiple Quizzes)
- Additional reading materials and journal articles
- Course completion survey
- CPD Certificate issued once the course is completed
What You Will Learn
- Explain the fiduciary duties of loyalty, care, and obedience that apply to nonprofit board members
- Describe how nonprofit board composition and recruitment should balance skills, diversity, and mission alignment
- Identify the role of board committees, including finance, governance, and executive committees in nonprofit organizations
- Evaluate internal controls and risk management practices specific to nonprofit financial oversight
- Apply performance measurement techniques using KPIs to assess a nonprofit's mission impact rather than just outputs
- Distinguish between governance requirements for nonprofit organizations and for-profit entities, including differences in stakeholder structures
Who This Course Is For
- Accountants and finance professionals who serve on or advise nonprofit boards
- Nonprofit managers and executive directors responsible for governance and financial reporting
- Professionals transitioning from for-profit to nonprofit roles who need to understand governance differences
- Volunteers and board members seeking to fulfill their fiduciary responsibilities more effectively
Prerequisites
- A basic understanding of organizational governance concepts
- No prior nonprofit experience is required, though familiarity with financial reporting is helpful
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Course Details
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