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Discuss the fundamental principles and practices relevant to the governance of non-profit organisations.
Appraise the impact of financial management on the financial health and effectiveness of a non-profit organisation.
Assess the key risks facing a non-profit organisation through a risk audit.
Formulate governance, financial, and risk management strategies to advance the goals of the organisation.
Design appropriate structures and processes of governance given strategic organizational objectives.
Critique the consequences of governance and accountability on organizational development.
Compute and apply appropriate tools to make financial decisions.
Propose controls and mechanisms to monitor and mitigate organizational risks.
What You'll Learn
NPM512 Governance & Risk Management for Non-Profit Organisations will focus on responsible stewardship and organisational sustainability by introducing key issues in the governance of non-profit organisations, with particular emphasis on financial management and risk management. Students will learn about board development, processes of governance, structures of accountability, and standards of good governance that enable non-profit organisations to act in the interests of their stakeholders while adhering to the law and standing up to scrutiny. The course will equip students with tools to monitor effectively non-profit organisationsï¿1⁄2 capital management activities. Students will acquire knowledge and practical skills in financial statement analysis and reporting. In addition, the course will develop the studentï¿1⁄2s ability to identify, assess, prioritise, report, and monitor critical risks that non-profit organisations faces.