Internal Audit for Nonprofit Organizations

August 23, 2019

When is the last time your organization thoroughly evaluated its internal controls? If you are part of the management team or board of directors, internal control is part of your fiduciary responsibility. In addition to facilitating the fulfillment of mission and stated business objectives, internal controls protect organizations from fraud and help them avoid potential regulatory and compliance issues. This is especially important for those organizations who receive federal grants and/or maintain operations around the world. Read GRF’s recent blog post on Internal Audit.

Establishing an internal audit function ensures proper internal controls are in place and serves as your organization’s best line of defense. Join GRF for an overview of internal audit and learn the benefits of “a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes”.¹ You will come away with the tools you need to begin examining your organization’s internal controls.