Instructor for this course

With today’s uncertainty and volatile economy, all organizations are at peril for becoming less important in the eyes of their stakeholders. The current pandemic has left no rock unturned. Not-for-profit entities are as “at risk” similar to other organizations. In this time, ensuring your stakeholders trust your organization, believe in your ethical principals’ and embrace your governance policies will be key factors to surviving and thriving during this time. Not-for-Profit’s exist for a mission. It is critical they obtain the public’s trust. This is done through commitment to ethical principals’, transparency and accountability.

This session reviews a number of leading practices for considering conflict of interest (COI), financial transparency and governance processes for a Not-for-Profit (NFP).

Learning Objectives

  • Explore and examining accountability and code of ethics for a not-for-profit.
  • Identify and exploring concepts important in a conflict-of-interest policy.
  • Explore and examining the criticality of cybersecurity risks.
  • Identify and exploring required record retention protocols.
  • Explore ethical fundraising and ethical leadership.
  • Discover and examine concepts important to executive compensation in a not-for-profit.
  • Identify the necessity of financial management and financial transparency for the not-for-profit.
  • Explore the concept of internal controls and public disclosure in a not-for-profit.
Last updated/reviewed: May 10, 2022

Included In Certifications

This course is included in the following Certification Programs:

15 CoursesNot-For-Profit and Small Business Entities Certification

  1. Introduction to Accounting For Not-for-Profit Entities
  2. Introduction to Accounting for Not-For-Profit entities
  3. Identifying and Implementing the Proper Balance of Internal Controls
  4. Segregation of Duties for Core Business Processes
  5. Bookkeeping: Journals, Subsidiary Ledgers and General Ledger
  6. Bookkeeping: Payroll And Expenses
  7. Bookkeeping: Accounts Payable/Accounts Receivable And Receipts
  8. Effectively Managing and Controlling Travel and Entertainment (T&E) Expenses
  9. Management Internal Control Essentials
  10. Financial Statement Essentials for Not-for-Profits
  11. Not-for-Profit Financial Statements Part 2
  12. Not for Profit Financials - Focus on Net Assets
  13. Cyber Risk in Small-Medium Entities
  14. Fraud in Small-Medium Entities
  15. Not-For-Profit Accountability and Responsibility

10 Reviews (45 ratings)Reviews

Anonymous Author
Very good review of NFP policy. Most professionals serve on boards and this is valuable information pertaining to their roles. I serve on several boards and this has given me insight into a few things I will investigate further to ensure compliance.
Member's Profile
I appreciate the reminder to establish a conflict of interest policy with the members of our board. Also, the call to action to have a document destruction policy in order to protect sensitive employee personal information.
Anonymous Author
High Level overview of NFP considerations that would be useful in creating a structural framework when setting up a new NFP or to evaluate if any pertinent areas are being overlooked in an existing NFP.
Anonymous Author
Provided good information on items all Non profits should be thinking about. There were are a few links to provide additional resources. The course is up-to-date with current cybersecurity issues.
Anonymous Author
Coming from a for-profit background, I especially appreciated the information on where I can go for resources (National Council of Non-Profits, etc.).
Member's Profile
Very good pace and informative - a must for NFP executives and team members. Lynn is an excellent instructor and I highly recommend her classes.
Anonymous Author
Another great course for those auditing or managing NFPs! Examples and considerations discussed are on point!
Anonymous Author
Excellent overview of responsibilities and accountabilities for not-for-profit companies.
Anonymous Author
Excellent course that gets right to what is most important, at a high level.
Member's Profile
some very useful considerations to look for in our NFP audits


Course Complexity: Foundational

No advanced preparation or prerequisites are required for this course.

Education Provider Information

Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Syllabus
  4:00Introduction to Not-For-Profit Accountability and Responsibility
  6:17Conflict of Interest
  5:16Document Retention
  7:27Ethical Fundraising and Ethical Leadership Executive Compensation
  7:20Financial Management and Financial Transparency
  10:22Internal Controls Public Disclosure and Summary
  1:01:06Not-For-Profit Accountability and Responsibility
  PDFSlides: Not-For-Profit Accountability and Responsibility
  PDFNot-For-Profit Accountability and Responsibility Glossary/ Index