Implementing Internal Controls (In Person or Online)

Does your nonprofit have good financial processes and procedures in place?  If your p&ps, or internal controls, are well done, your organizations assets will be better safeguarded from misuse or mismanagement.  In addition, they are expected by the IRS, and grantors.

Learning Objectives

• Understand the components of good internal controls
• Know how to evaluate risk
• Identify tools or practices to implement controls over key financial areas

Description

The purpose of internal controls is to establish practices that serve as checks and balances to protect the assets of an organization and create reliable financial reports.  Internal controls help an organization maintain a good reputation.  They promote efficient operations and deter errors. 

Whether large or small, every nonprofit should have internal controls in place.  Join us to learn practices any nonprofit can implement.

Available through live streaming--participate from your computer or mobile device.  Engage during the training by emailing comments and questions.

Level

Introductory

Audience

Board Members, Executive Directors and staff wishing to learn more about improving the credibility of their organization and increasing efficiency

Presenters

Ronald E. Schranz, CPA,  Burt & Company’s Director of Audit & Accounting Services and a Member of the firm, brings over 25 years accounting experience, including both public and private depth, including being the controller of a $100 million revenue manufacturing and distribution company. He has been an active member of many professional and charitable organizations. He is currently Treasurer of United Way of Central New Mexico, an active board member of The Kiwanis Club of Albuquerque and a past board President of the Make-A-Wish Foundation of New Mexico.

Cheryl Silcox, CPA, is Burt & Company's Audit & Accounting Department Manager. She has 15 years of experience in the public accounting realm, which includes 4 years in which she owned her own consulting firm. The majority of her experience has been in auditing and accounting of federally and state funded governmental and non-profit entities. She has extensive non-profit, yellow book, single audit, and financial reporting experience.