On-Demand Course | Internal Controls for Nonprofits

Included with your purchase:

• All session recordings
• All course resources and materials
• Whole organization access (staff, board, and volunteers)

Course Description:

Intended Audience: Executive Directors, finance staff/bookkeepers, board members and treasurers, and leaders of all‑volunteer or small‑staff organizations.

Session One | 1 Hour 15 Minutes

Internal Controls Fundamentals & Fraud Awareness: Why controls matter—and where nonprofits are most vulnerable

Establish a foundation and shared understanding of internal controls and why they are critical for protecting organizations, employees, volunteers, and boards — not just for audits, but for sustainability and trust.

This session will cover:

• What internal controls are (and what they are not)
• Common control breakdowns in small organizations
• Fraud awareness and the fraud triangle (nonprofit‑specific context)
• The five components of internal control, explained in practical terms
• Red flags and questions leadership and boards should be asking

Participants will leave with practical tools and a high‑level framework they can use to assess risk within their own organizations.

Session Two | 1 Hour 15 Minutes

Building Practical Internal Controls for Small & Growing Nonprofits: How to design controls that work—regardless of staff size 

This session is more applied and focuses on implementation, showing organizations how to design reasonable, scalable controls based on their size and capacity. It will emphasize “right‑sized” controls — what’s reasonable, what’s expected, and what actually works in practice.

This session will cover:

• Internal controls for all‑volunteer and small organizations
• Creative approaches to segregation of duties using boards, external support, and technology
• High‑risk transaction areas (cash, disbursements, online banking, credit cards, journal entries)
• Scaling controls as organizations add staff and complexity
•  Management and board oversight responsibilities

About the Speaker: 

Grace McKoy, CPA, CVA

As a certified public accountant and a certified valuation analyst, Grace is a leader of Pinion’s audit and assurance and valuation teams. With over 13 years of experience providing quality attest, accounting, and consulting services, she is driven to help her clients succeed and grow. She is trained to provide comprehensive guidance across accounting, attestation, valuation, and consulting services, with specialized expertise in nonprofit organizations and captive insurance entities. Litigation and business consulting experience include the performance of, and assistance with, accounting and fraud investigations, business and financial analysis, valuations, and market and industry research. Her client service expertise lies in the areas of attestation and accounting, including performance and supervision of audits, reviews, compilations of agreed-upon procedures, evaluation of internal control structures, and preparation and analysis of financial statements. She is a dynamic problem solver with a keen eye for ways to maximize assets, improve risk management and strengthen operational health. Grace cares deeply about the community and is actively involved with several non-profit organizations. She has also developed and facilitated several workshops and seminars for practicing CPAs and accounting professionals on topics ranging from budgeting and forecasting to risk management and internal controls.