Tax and Legal Compliance and Risk Management & Internal Control Systems for NGOs course

This course is tailored to provide participants with an in-depth understanding of tax and legal compliance, along with effective risk management and internal control systems for non-governmental organizations (NGOs). The training is designed to help participants ensure compliance with applicable regulations, mitigate risks, and establish robust internal control frameworks to safeguard NGO operations.

Course Objectives

Understand the tax obligations and legal compliance requirements for NGOs.
Implement strategies to identify, assess, and mitigate risks in NGO operations.
Develop and maintain effective internal control systems to protect assets and ensure accurate financial reporting.
Formulate policies and procedures that align with tax and legal regulations and best practices.
Apply tools and techniques to manage tax, legal, and operational risks effectively.

Organizational Benefits

Ensure compliance with tax and legal requirements to avoid penalties and legal challenges.
Enhance risk management practices to protect the organization’s reputation and operations.
Establish strong internal control systems to prevent fraud and improve financial transparency.
Adopt best practices for financial accountability and reporting to stakeholders.
Optimize resource allocation by understanding tax implications and managing risks effectively.

Target Participants

Finance managers and officers handling tax compliance and risk management for NGOs.
Directors and board members aiming to strengthen their knowledge of compliance and risk management.
Program managers and coordinators responsible for decision-making on tax and legal matters.
Internal auditors and compliance officers ensuring adherence to regulations and controls.
Professionals transitioning to the NGO sector and seeking foundational knowledge in compliance and risk management.

Course Duration

5 Days (Flexible based on participants’ needs)

Course Content

Module 1: Introduction to Tax and Legal Compliance for NGOs
- Overview of tax obligations and compliance requirements for NGOs.
- Understanding tax-exempt status and considerations for NGOs.
- Legal frameworks and regulatory requirements for NGO operations.
Module 2: Tax Compliance and Reporting for NGOs
- Tax registration, reporting, and filing procedures.
- Planning strategies to maximize tax benefits for NGOs.
- Addressing tax implications of fundraising and international operations.
Module 3: Legal Compliance for NGOs
- Governance structures and responsibilities of NGO boards.
- Compliance with employment, contractual, and intellectual property laws.
Module 4: Risk Management for NGOs
- Risk identification, assessment, and prioritization processes.
- Developing and implementing risk mitigation strategies.
Module 5: Internal Control Systems for NGOs
- Frameworks for establishing effective internal controls.
- Processes for segregation of duties, authorization, and monitoring.
Module 6: Fraud Prevention and Detection in NGOs
- Common fraud risks and prevention measures.
- Mechanisms for fraud detection and whistleblower policies.
- Procedures for investigating and addressing fraud incidents.
Module 7: Compliance Monitoring and Reporting
- Monitoring tax, legal, and regulatory compliance.
- Reporting obligations for authorities, donors, and stakeholders.
- Conducting compliance audits and reviews.
Module 8: Ethical Considerations in Tax and Legal Compliance
- Ethical issues in tax planning and legal compliance.
- Standards of professional conduct and ethical frameworks.

General Notes

All courses can be customized to meet participants’ specific needs.
Participants must have a good command of English.
Training sessions include guided presentations, practical exercises, and group work.
Our expert facilitators bring over 10 years of experience to the sessions.
Participants will receive a certificate from Stepsure Training and Research Institute upon completion.
Training is available at our centers, in-house, or online, depending on client preferences.
Onsite training fees cover materials, coffee breaks, buffet lunch, and certificates. Travel and personal expenses are the responsibility of participants.
Accommodation and visa support are available upon request.
Group discounts (10%-50%) are offered for multiple participants.
Payments should be made before the training or as per prior agreement.