Finance & Accounting: Overview for Not-for-Profit and Charitable Organizations

It is important that participants prepare for this program by reviewing briefly your organization’s most recent annual report. Participants should bring to class an example of a recent operating decision where financial considerations played a role. This could include the decision to acquire resources (ie. hire more people, purchase equipment) or any other decision where finances were considered.

Benefits

Through this program, you will:

• Understand how to review NFP balance sheets and income statements
• Learn how your budgeting process impacts the organization's strategy and culture
• Understand how financial decisions are made for acquiring additional resources, such as expanding headcount and buying equipment
• Know the types of information that NFP board members need and how best to present it to them

Who should attend?

NFP managers and board members who want to become more confident working with and discussing financial and accounting information, and who would like to improve their decision-making skills.