ICSB Foundation study plan
ICSB Foundation · Give each week a clear focus.
8 weeks · About 7 hours per week
Governance, Leadership and Board Practice & Strategy, Planning and Performance Management
Map the ICSB Foundation blueprint to a personal coverage grid, weighting Domains 1 and 2 at the top because they carry 15% each
Define the board's governance-versus-management boundary and write a one-page summary contrasting fiduciary duties of care, loyalty, and obedience
Explain how mission, vision, and strategy cascade into annual plans and performance indicators, producing a draft logic model for a sample nonprofit
Draft ten original practice questions on board composition, committee structures, and strategy formulation, then answer them closed-book
Your checkpoint
A two-page governance and strategy foundations brief with a completed coverage grid and a 10-question self-test scored and annotated
Strategy, Planning and Performance Management & Financial Stewardship and Risk Oversight
Build a performance management framework that links strategic objectives to measurable KPIs, baselines, and review cadence
Interpret a set of core financial statements and compute liquidity, solvency, and reserve ratios from sample figures you construct yourself
Distinguish financial oversight from financial management, describing what the board approves, monitors, and delegates
Identify the main categories of organizational risk and draft a simple risk register with likelihood, impact, and owner columns
Your checkpoint
A one-page KPI dashboard template plus a completed risk register covering at least eight risks with owners and mitigation notes
Governance, Leadership and Board Practice & Financial Stewardship and Risk Oversight
Compare board governance models and recommend one that fits a mid-sized organization, justifying the choice in writing
Design a board meeting agenda and information pack that supports effective oversight without micromanagement
Explain the board's role in budget approval, reserve policy, and financial red flags, listing at least six warning indicators
Practice applying fiduciary duty to two short ethical dilemma scenarios and record your reasoning
Your checkpoint
A board pack outline with a model agenda, a budget approval checklist, and two written dilemma analyses of roughly 200 words each
Compliance, Ethics and Regulatory Obligations & Operations, Internal Controls and Assurance
Outline the compliance universe for a nonprofit: legal form, filing obligations, fundraising rules, and employment basics
Explain the difference between compliance, ethics, and integrity, and draft a code of conduct outline with reporting channels
Map the internal control components of control environment, risk assessment, control activities, information, and monitoring onto a small organization
Describe the purpose and limits of internal and external audit and how assurance findings reach the board
Your checkpoint
A compliance calendar covering twelve months of obligations plus a one-page internal control self-assessment checklist
Stakeholder Engagement and Communication & Sustainability, ESG and Organizational Purpose
Segment stakeholders by influence and interest and tailor a communication approach for each group
Draft key messages for a sensitive announcement and identify the channels and timing that fit each audience
Explain the difference between organizational purpose, sustainability, and ESG, and how materiality assessment shapes reporting
Identify the main ESG disclosure themes and describe how boards oversee sustainability commitments without greenwashing
Your checkpoint
A stakeholder map with at least eight groups, paired with a one-page communications plan and a short materiality summary
Digital Governance, Data and Technology Oversight & Operations, Internal Controls and Assurance
Describe the board's role in digital strategy, technology investment, and cyber risk oversight, distinguishing oversight from operational decisions
Explain core data governance concepts: ownership, stewardship, quality, privacy, retention, and access control
Outline the elements of an incident response and business continuity plan and the board's escalation role
Evaluate a sample technology investment proposal against strategic fit, risk, and total cost of ownership
Your checkpoint
A one-page digital and cyber oversight checklist plus a written evaluation of a technology proposal using your own constructed figures
Governance, Leadership and Board Practice & Strategy, Planning and Performance Management & Compliance, Ethics and Regulatory Obligations
Integrate governance, strategy, and compliance concepts by working through four cross-domain case scenarios
Diagnose weak board practices in each scenario and recommend specific, actionable improvements
Audit your week 1 coverage grid and re-teach the three weakest subtopics from memory before checking notes
Complete a timed 40-question mixed set you write yourself, then analyze every error by domain and cause
Your checkpoint
Four written case responses plus an error analysis log classifying mistakes by domain, concept gap, or misreading
Financial Stewardship and Risk Oversight & Stakeholder Engagement and Communication & Sustainability, ESG and Organizational Purpose & Digital Governance, Data and Technology Oversight
Consolidate the lighter domains through rapid retrieval practice, targeting the specific gaps logged in week 7
Rehearse explaining each domain's core idea aloud in under two minutes to test true understanding
Sit two timed mock exams of 60 questions each and compare scores to set a realistic readiness judgment
Finalize a one-page personal exam-day strategy covering pacing, question triage, and flagging for review
Your checkpoint
Two scored mock exams with a comparison table and a final one-page exam-day strategy sheet
Milestones
Week 2: Coverage grid shows Domains 1 and 2 fully reviewed, and you can compute the three financial ratios without notes
Week 4: Score at least 70% on a self-written 25-question set drawn from Domains 1 through 4 and 6
Week 6: All eight domains marked reviewed on the coverage grid, with at least one deliverable per domain on file
Week 7: Timed mixed set completed within the target time and error log shows fewer than three concept-gap errors
Week 8: Both mock exams scored at or above your personal pass target, with no domain below 60%