Guidance for Growth

Advisory Watch2024-06-20T13:55:38-04:00

Key Internal Controls for Small Nonprofit Organizations

Many small nonprofits face challenges with weak or inadequate internal control systems, often due to limited staffing and financial resources. Without effective safeguards, these organizations are at greater risk of errors, fraud, and financial mismanagement, which can damage their reputation and disrupt operations. Implementing strong controls helps build trust and allows nonprofits to stay focused on their mission.

January 22, 2025|Categories: Not-for-Profit|Tags: |

Safeguarding Nonprofits with Segregation of Duties

Segregation of duties (SOD) is a key internal control that helps nonprofits reduce fraud, improve accuracy, and build trust. Start the 2025 by exploring the importance of SOD, strategies to overcome common challenges, and actionable steps for establishing strong internal controls.

January 21, 2025|Categories: Not-for-Profit|Tags: |
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