In the aftermath of high-profile scandals and failures, nonprofit boards have turned their attention to enhanced corporate governance and risk management
All nonprofits face uncertainty and the challenge for management is to determine how much uncertainty to accept as it strives to meet its mission through the strategic plan. Tate & Tryon offers a number of service options designed to assist boards and management teams in identifying, evaluating, and prioritizing the potential risks that impede the achievement of strategic objectives. Our scope of internal audit services range from risk assessments and related special projects to a full outsourcing of the internal audit function.
Leveraging nonprofit industry best practices and a risk-based approach based on the Committee of Sponsoring Organizations of the Treadway Commission (COSO) internal control framework, our professionals will work with you to improve the effectiveness of your risk management and internal control processes, while also identifying opportunities to improve efficiency and operations.