Congratulations to the 2021 Salute to Excellence finalists!

Understanding Nonprofit Financials (Online Classroom)

 Registration is closed for this event

This workshop will explore and clarify the differences between nonprofit and for-profit accounting practices as well as bring understanding to the nuances of how to measure historical performance through a financial lens. 

In this workshop, several standard documents and processes will be covered including: statement of financial position, statement of activities, statement of functional expenses, and statement of cash flows. 

We will discuss ways to enhance your month-end reporting as well as strategies for creating budgets and forecasts. We will conclude with a case study in which we apply the learning objectives to a specific nonprofit as well as learn tips and tricks for budgeting and forecasting, and how it relates to your current role.

Learning Objectives:

  • Clarify the differences between nonprofit and for-profit accounting 
  • Review, in detail, the key financial statements for nonprofits and how they work together
  • Understand the nuances of how to measure historical performance
  • Learn tips and tricks for budgeting and forecasting 
  • Review various case studies, and how they relate to your current roles

Suggested Career Path: Program Leader (Mid-career nonprofit professionals who lead teams and programs; 5-10 years serving in the nonprofit sector)

When
July 22nd, 2021 9:00 AM through 11:30 AM
Location
Zoom - You will receive a link upon registration
United States
Workshop Price
Member $50 / Nonmember $100 $ 100.00
Certificate Details
Certificate Course Understanding Nonprofit Financials