All organizations face uncertainty and must manage risk daily. Risk management is of vital importance for not-for-profit entities (NFPs) due to their public interest obligations. All organizations face uncertainty and must manage risk daily. Risk management is of vital importance for not-for-profit entities (NFPs) due to their public interest obligations. This course provides an overview of risk management and internal controls for NFPs, taking into consideration the size and complexity of the NFP. Who Will Benefit CPAs, board members, and accounting professionals new to NFPs or in need of a refresher. Key Topics - Risk management - COSO Enterprise Risk Management (ERM) framework - COSO Internal Control Framework Learning Outcomes - Recognize the need for risk management. - Recognize the concepts of the COSO Enterprise Risk Management (ERM) framework. - Recall how the COSO Internal Control Framework applies to NFPs. - Identify compliance and other risks NFPs face.