Creating Internal Controls for your Organization

Organizational risk in the nonprofit world is a huge issue every organization must prepare for and have policies in place to handle when it occurs. To say fraud will never happen in your organization is shortsighted, and having critical internal controls in place is essential to preventing chaos from erupting in case of an emergency. In this episode, Chyla talks about creating processes, procedures, and laws for your organization to make sure you are prepared to handle any financial risk that may come to your non-profit. Tune in!

Highlights:

• Determining your organization's internal controls
• Procedures and Processes for your organization
• Creating laws and rules to ensure organizational control

Resources:

• Learn more about internal controls HERE
• Learn more about financial reporting/statements HERE

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