CURRENT STATUS/RISK ASSESSMENT
FUTURE RISK MANAGEMENT
INCOME — Conference and course registration, product sales, grants, contributions, investments income, etc.
___ staff once viewed this to be more
complimentary as opposed to competi-
tive to Course 123. Course D used to
focus exclusively on _____ whereas
Course 123 is more comprehensive.
However, the most recent version of
Course D includes additional modules
that serve to make it more competitive
with Course 123.
Staff executed a marketing plan
that highlighted Course 123’s
competitive advantage over
The revision of Course 123
is underway. With the revised
content projected to require
more than 2 days of a student’s
time, select modules are being
put online. Market research was
conducted in 20XX to ensure
content delivery meets the
needs of students, providers,
instructors, and directors.
Offerings presented at the Organiza-
tion F conference are of interest to
___ members, particularly _____.
Continuing Education credit can be
earned by attending Organization F’s
No action at this time.
Comprehensive internal controls are
in place to help mitigate financial
management risk. The controls are
reviewed annually by ___’s external
The auditor will continue to
review internal controls and
undertake annual audits.
___ has a financial management sys-
tem and software (i.e., ______s) which
also serves to mitigate risk.
The auditor will continue to be
available to respond to board
member questions or concerns
regarding financial management
The audit firm undertakes compre-
hensive financial audits annually, with
results presented in-person to the
Board by the engagement partner.
The auditor is available as needed to
the Treasurer and other board members to address questions or concerns
regarding financial management.
___ accepts advertising in ___ and
elsewhere for products that directly
compete with our own. Such advertis-
ing will continue to be allowed given
the assumption that ___ products are
superior, or at least perceived by our
members to be superior.
The Executive Director will
benchmark practices with
other ___ associations relative
to this issue.