Effective Risk Management for Charities


Identify top risks faced by your charity, develop a risk management policy and build a culture of risk management and transparency in risk responsibilities in your charity.

Venue: Day 1: Zoom Day 2: ILC Training Hub

3 & 4 Oct 2023
Day 1: 9:00 am to 5:00 pmDay 2: 9:00 am to 5:00 pm


Are you familiar with the potential risks faced by your charity? From technology risks such as losing of confidential data and data corruption, to operational risks such as employee risk (e.g. disgruntled employees, retention), any of these risks, when not properly managed, will cause adverse impact to your charity’s operations and consequently, image in the public eye.

Our Effective Risk Management for NPOs course will teach you how identify top risks facing your charity, divide risk responsibilities across board members and staff, and develop risk management plans in the most critical areas of your charity (e.g. fundraising, volunteer management, cash flow management).


By the end of the programme, participants will be able to:

  1. Understand Risk Governance structure, Risk Culture and Language.
  2. Conduct Risk Identification: understanding how risks are evaluated and charted in a risk map.
  3. Develop a Risk Register and Risk Action report.
  4. Deploy an overall risk management policy and monitor implementation
  5. Implement a review and re-evaluation of risks and the pertinent mitigation activities.


  1. What are risks and how are they perceived by your organisation.
  2. Division of risk responsibilities among Board, Subcommittees, Senior Management, Finance & Risk teams and operations management.
  3. Why you need risk management in your organisation?
    • Comply with pertinent laws and regulations effectively.
    • Establish clear accountability and ownership of risk, and the common risk language.
    • Ensure transparency of both current and emerging risks.
    • Develop a system of continuous monitoring and reporting of key risks across all operations.
    • To identify risks timely and implement risk mitigation strategies to manage risks.
    • Reduce personal liability of management.
    • To identify risks timely and implement risk mitigation strategies to manage risks effectively.
  4. Risk management processes
    • Prioritise the top risks to focus management’s attention.
    • Prepare periodic risk reports on incidents and events.
    • Reevaluate the effectiveness of mitigating actions.
    • Communicate, sustain and improve the risk management process.
  5. Risk management in specific areas for charity, e.g., fundraising, restricted reserves, investments, volunteer management, anti-money laundering, terrorist financing and cash flow management.
  6. Building a culture of risk management and transparency in risk responsibilities.

The course is taught across 16 hours, with lectures, videos, case studies, group discussions, checklists, *invited speaker(s).
For 4 or more participants from the same organisation, 1-hour post-session coaching will be provided.
*Invited speaker(s) may be pre-recorded.


Understand risk governance structure, risk culture, and language.

Complimentary coaching session available for 4 or more participants from the same organisation.

Risk identification. Understand how risks are evaluated and charted in a risk map.

Risk Register and Risk Action Report.

Overall risk management policy to institute and monitor the processes.


Board members, Finance Subcommittee, Audit & Risk Subcommittee, Senior management, HODs, and Finance & Risk teams.


3 & 4 Oct 2023Day 1: 9:00 am to 5:00 pmDay 2: 9:00 am to 5:00 pm


Save up to $324 by reserving your seats before 21 September!

New Item
After Early Bird
  • Standard Fee$1944.00
    SSAs-Charities Capability Fund (CCF) Training Grant$944.00
    Community Care Training Grant (CCTG)$194.40

All prices stated include GST.

*Up to 80% seminar fee funding for NCSS member agencies(CCF Subsidy is capped at $1000 per pax)
**Up to 90% seminar fee funding for AIC approved organisations


Ms Goh Puay Cheh

Ms. Goh Puay Cheh is an experienced senior professional with expertise in designing, reviewing and implementing governance structure and strategies to provide consultancy and assurance services to for-profit as well as non-profit organizations.

Puay Cheh was the Executive Director of the Institute of Internal Auditors (IIA) Singapore from 2016 to 2021.  Prior to that, she served as the Chief Operating Officer at the Institute of Singapore Chartered Accountants (ISCA).  Her diverse career of over 30 years span from risk consulting, internal auditing, external assurance, IPOs, corporate finance, mergers and acquisitions – to developing training programmes and lecturing.  This includes governance review and internal audit of charities, and participation in several Charities Unit’s projects. She resumed her academic life in 2022.

Puay Cheh earned her B Acc from the NUS and an MBA from the Australian Graduate School of Business Management, University of New South Wales.  A firm believer in life-long learning, Puay Cheh acquired various designations to hone her competencies, namely Certified Internal Auditor (CIA), Certification in Risk Management and Assurance (CRMA), Certified Information Systems Auditor (CISA), Chartered Accountant of Singapore (CA Singapore), Fellow of CPA Australia (FCPA) and Chartered Financial Analyst (CFA). In 2022, she acquired the CFA Institute Certificate in ESG Investing.