About This Resource
This session was part of the 2022-2023 Get Audit & Credit Ready CE Series
Effective fiscal policies and procedures not only help organizations to reduce and manage risk by instituting internal controls, they also ensure more efficient operations. This workshop will focus on best practices in developing and implementing financial policies and procedures with the goal of strengthening internal controls. The session will also explore how to bolster both internal controls and efficiency through the use of key technology systems.
Key concepts include:
- Options for staffing the fiscal function for small or early-stage organizations
- Key components of an effective internal control structure How to leverage technology to increase both control and efficiency
Good to know: This content is relevant to both nonprofit and for-profit employment social enterprises.
Audience: This session is designed for CEOs, Executive Directors who do not have have senior finance staff; Finance Managers/Directors, Senior Accountants, CFOs.
Below is the session recording and accompanying materials
At BDO, we are providing middle market leaders with insight-driven perspectives and assurance, tax and advisory services, helping companies take business as usual to better than usual. To continue their critical work, nonprofits need to navigate challenges of their own: Budgetary constraints, complex federal funding, compliance, technology, donor stewardship and evolving constituent needs are only some of the hurdles they face. We tailor approaches to help organizations maintain a nonprofit heart and business mindset, so they can improve financial and operational health while expanding their impact.