Internal Controls for Centers for Independent Living (1 Hour)

Training Source: 
ILRU
Presenter(s): 
John Heveron
Paula McElwee
Beginning Date: 
09/30/2015
Type of Training: 
On-demand

About the Training

Strong, comprehensive internal controls are a critical piece of sound financial management at successful CILs. Whether you are an experienced Accountant that is new to the non-profit world or an experienced CIL staffer that is new to accounting, this training will provide the overview of nonprofit internal controls that every CIL needs. You’ll also learn what your organization needs to do to meet the requirement to have written procedures for controls over federal awards by the end of the calendar year. Our presenters have decades of experience developing and advising on internal controls and regulations from both within and outside of Centers for Independent Living.

Target Audience

SILC and CIL executive directors, financial and program managers, and other staff interested in Uniform Grant Guidance, specifically Internal Controls for nonprofit organizations receiving federal awards.

This introductory CIL financial management course is intended for CIL executive directors, managers, fiscal staff, and board members new to nonprofits or accounting. It may also be useful to more experienced personnel who want a refresher.

Learning Objectives

Upon completion of this webinar, participants will be able to:

  • Explain the importance of adequate internal controls for nonprofits receiving federal awards.
  • List the major elements necessary for establishing and maintaining proper internal controls.
  • Describe typical internal control procedures appropriate for CILs.
  • Identify responsibilities for recordkeeping for assets and custody of assets.
  • Describe best practices for risk assessment and monitoring.

View the Training (00:53:00)

Transcript and Resources

Other Resources on CIL Financial Management