Author(s)
Brandy Keller; Dan Murphy Sr.

Publisher:
AICPA

    Credit Info
  • NASBA Field of Study

  • Format

    On demand

  • Level

  • CPE Credit

    0

  • Course acronym

  • Prerequisites

  • Course duration

    50 Minutes

Managing the Complexities of Nonprofit Growth

In a recent industry study, 80 percent of nonprofit finance professionals say their organization plans to grow in the next 12-18 months. Nonprofit growth presents its own unique set of challenges, and, if not managed properly, can actually hurt your organization. With challenges and opportunities in mind, how do you prepare your budget, staff, and organization for growth? In this session, we'll look deeper into industry research exploring growth trends in the nonprofit sector. This session will focus on the impact of growth across a nonprofit organization, from budget planning, increasing compliance complexities, shifts in the workforce to growth strategies around grants, and new revenue sources. We'll dive into specific tips and suggestions to help you get the most out of the data in the study and prepare your organization for successful growth.
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Topics discussed

Learning objectives

Evaluate growth strategies through a risk management framework
Prepare for internal controls and processes for increased compliance complexities
Develop people strategies to accommodate for growth
Identify technology requirements for accommodating growth

Who will it benefit?

Those with basic knowledge of not-for-profit operations, auditing, accounting and/or compliance requirements. General experience working in, or auditing, not-for-profits, including those NFPs audited under GAGAS.