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Learn how not-for-profit (NFP) board directors can carry out their duties in overseeing risk management.
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A key aspect of board governance is its responsibility to identify and manage risk. But in an NFP, a board’s role in this matter can vary widely. If you are a director with a small NFP whose staff might not have the experience to manage risk, you may find your role is a little more ‘hands-on’ in this area.
If yours is a large NFP, you can often rely on staff to manage the day-to-day risks while your work consists mostly of approving policies, strategies and major decisions about risk. In either respect, you will need to know how to carry out these duties, what to know and what to look for.
20 Questions Directors of Not-for-Profit Organizations Should Ask about Risk examines the topic by discussing:
This publication is reviewed annually for relevance and accuracy.
September 23, 2019
Canada’s dynamic, must-attend CPA event of the year is heading to Montréal with the theme of innovation for sustainability.
October 28, 2019
If you’re a senior financial professional in the public sector or work for a not-for-profit that follows PSAB standards, this annual event in the nation’s capital is the place to be.
November 7, 2019
Join CPA Canada’s Financial Literacy Program in Ottawa, our nation’s capital, as we look at the trends changing the economic landscape and how they will affect how Canadians manage their money.