Risk Management Training: Governance and Finance Red Flags

About our risk management training for non profit organisations

Tailored online or on-site delivered risk management training for non-profit organisations, associations and charities.

Running a non-profit organisation can be incredibly rewarding but it also comes with its share of responsibilities and risks. From legal responsibilities to financial challenges, it’s crucial to have strategies in place to protect your non profit’s purpose, assets, and reputation.

NPT’s Red Flag training focuses on building the knowledge of the Board members so they can identify risks and what’s important to narrow in on when things don’t seem right. It will take Board members through a framework that will assist them in undertaking financial due diligence and carrying out their governance duties.

Taking the Board through this process will help them to be on top of risks, by knowing how and what to evaluate, and when further action is required. It will provide a roadmap to mitigate risk in governance and finance and will assist in safeguarding your organisation and improving long-term resilience.

Risk management training delivery method and duration

Our risk management: red flags training can be delivered in-house as one training session, two shorter training sessions, or a training program that includes facilitator-led workshops and follow-up learning videos to help reinforce course content and provide long-term, on-demand learning for the Board members.

Facilitator-led workshops

The facilitator-led training component of the red flag program will introduce and explain key risk information, allowing attendees to ask questions and explore where things can go wrong. They can be presented as either:

Finance and governance red flags training
- One workshop | 6.5 hours
Finance and governance red flags training
- Workshop 1: Governance red flags training | 3 hours
- Workshop 2: Financial governance red flags training | 3 hours

Self-led training

NPT’s learning bytes, provide post-program, self-led learning videos, focussed on the ‘how to’ in mitigating risk for non-profit organisations. The videos incorporate step-by-step examples helping to explain how to identify potential issues and suggested solutions to address specific issues across key governance and finance areas.

Risk management training – public program details

To book for our live and interactive risk management – governance red flags training for not-for-profits, choose a location below:

March 2025 – Governance red flags training

May 2025 – Financial red flags training

Please note: our online risk management training is delivered as live and interactive sessions. Our facilitators promote and encourage interaction and communication among participants simulating the face-to-face experience.

Risk management training topics

Governance risk topics delivered in this program include:

A governance framework to guide the focus of the Board/Committee
The culture of good governance
Developing practical skills in risk identification, assessment, mitigation and appetite
Gaining an understanding of common biases that impact committee decision-making leading to risky practices
Integrating risk considerations into decision-making processes
Using delegations and risk reporting effectively
Effectively documenting processes and procedures
Highlighting important internal controls
Improving staff/volunteer oversight and performance reviews
Developing a collective mindset of continuous improvement in risk management and governance processes

Financial governance risk topics delivered in this program include:

101 of financial reporting
Knowing what to look for in the financial reports
Using the budget to track performance
Understanding the importance of internal controls
Reviewing common biases that impact decision-making leading to risky practices
Using delegations to reduce the risk of financial blow-outs
What others are doing to monitor the financials
Developing a collective mindset of continuous improvement in oversight of the financials

Call us to enquire about the Non Profit Training team delivering a tailored Risk management: Identifying governance or finance red flags training for your organisation on 1300 144 113.