Governance & Risk Management for Non-Profit Organisations

Singapore University of Social Sciences

Governance & Risk Management for Non-Profit Organisations (NPM512)

Synopsis

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 organisations’ capital management activities. Students will acquire knowledge and practical skills in financial statement analysis and reporting. In addition, the course will develop the student’s ability to identify, assess, prioritise, report, and monitor critical risks that non-profit organisations faces.

Level: 5
Credit Units: 5
Presentation Pattern: EVERY JAN

Topics

Critical concepts of relevance to governance
Regulation of a non-profit organisation
Improving board accountability
Legal issues of fundraising
Legal implications of fundraising
Principles of accounting and finance
Understanding Financial analysis
Tools for decision making
Organisational risk identification
Assessment of organisational risk
Mitigation of critical risks
Monitoring of critical risks

Learning Outcome

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.