ERM in Higher Education & Non-Profit Organizations

AGB/NACUBO – Meeting the Challenges of Enterprise Risk Management in Higher Education (pdf) – In the summer of 2007, AGB and NACUBO held a summit on enterprise risk management in Washington DC with senior officers and trustees from several leading colleges and universities, including UC – read about the ideas and perspectives shared at this meeting. NEW!

AGB/NACUBO - Enterprise Risk Management Form (pdf)

AGB/NACUBO - Enterprise Risk Management Form, Case Study (pdf)

Enterprise Risk Management: A Fundamental Practice for higher Educations (pdf)
An article written by Jane Dickerson, Peter Fallon, and Leta Finch, discusses the benefits of implementing an ERM program, how to get started, and how to analyze risk. The article form the URMIA Journal 2003-04 also showcases the ERM programs at UNC at Chapel Hill, the University of California at Davis, and the University of Norte Dame.

Developing a Strategy to Manage Enterprisewide Risk in Higher Education (pdf)
National Association of College and University Business Officers & Price Waterhouse Coopers presents risk management theory, examples of approaches being taken by the for-profit corporate sector, and the discussions held with higher education leaders as to how to manage risk more effectively in today's dynamic higher education environment.

Developing a Strategy to Manage Enterprisewide Risk Management in Higher Education
NACUBO, in conjunction with Pricewaterhouse Coopers, discusses the practical implementation of effective enterprisewide risk management in higher education with focus on the definition of risk/risk drivers, implantation of risk management program and how to proactively engage the campus community in dialogue around ERM.

Price Waterhouse Coopers - Achieving goals, protecting reputation (pdf)
This paper discusses applying the COSO model and steps to implement ERM Strategies.

Price Waterhouse Coopers' Internal Controls: The Key to Accountability (pdf)
Applies internal control models designed for privately held companies to nonprofits, especially colleges and universities. The paper is designed to help directors, officers, and other senior managers of public and private research universities.

Price Waterhouse Coopers' Education & Non Profit Technical Alert (pdf)
Summary of the initial findings of Independent Sector, a coalition of not-for-profit organizations formed to make recommendations to Congress to improve oversight, and governance of charitable organizations.

Independent Sector Findings
Detailed recommendations of Independent Sector, a coalition formed to make recommendations to Congress to improve oversight, and governance of charitable organizations. www.nonprofitpanel.org

Price Waterhouse Coopers' Summary of Emerging Issues for Not-for-Profit Organizations in 2005 (pdf)
Report provides information on accounting, financial reporting, tax, and regulatory compliance issues affecting nonprofit organizations and the impact that the Sarbanes-Oxley Act of 2002 is having on nonprofits. Offers links to websites at which to find latest information.

Panel on the Nonprofit Sector: Interim Report presented to the Senate Finance Committee (pdf)
The report sets forth the Panel's initial recommendations for strengthening the accountability of charities and foundations. It provides recommendations for specific rules and practices intended to strengthen the sector today and in the years to come.