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Risk Assessment and Management

 

There are a multitude of risks that face the NFP sector. Therefore, it is extremely important to ensure that your organisation has a sound strategy in place. Not only does it manage risk but it ensures that you have the most efficient business systems and processes in place to capitalise on opportunities.

Our team of specialists are able to accurately assess and implement tailored strategies to identify and rate any risks to your organisation. Our attention to detail and years of experience within the sector will offer you peace of mind that your organisation is prepared for any operational, financial and reporting risks that may surface.

We have assisted Boards and management teams by validating the existence and effectiveness of mitigation strategies as well as reviewing existing policies and frameworks. Our engagement with a wide range of NFP organsations we ensure our team is able to call on practical experience during the audit process to provide you with an accurate and timely service.

Operational Risks

Operational risks and opportunities that are faced by many of our clients will also be relevant to the success of your organisation.

Our focus is managing the emerging issues, these include:

  • Tax reforms
  • Labour force changes
  • Evolving philanthropic models
  • Changes to the regulatory environment
  • Shift in block funding streams to fee for service activities
  • Introduction of the National Disability Insurance Scheme (NDIS)
  • Growth in partnering of service providers and brokerage arrangements
  • Increased government outsourcing of services and contestable funding tenders
  • Withdrawal of ADHC as a service provider and opening of more existing services to tender