TITLE : How to read Nonprofit Financial Statements
CITY : Washington , DC
DATE : Thursday, November 04, 2010
TIME : 8:30 AM - 12:00 PM
PRICE : $ 110.00
How to read Nonprofit Financial Statements


Board members and nonprofit executives are required by law to protect their organization's fiscal health. Boards and staff traditionally exercise this responsibility by putting together and approving the annual budget. However, a board can only approve the budget if it receives clear, intelligible, accurate and timely financial reports. The problem is that even when these reports are provided, they are difficult to decipher. This course will develop your ability to interpret the major financial accounting statements that are used by nonprofit organizations. You will gain an understanding of the types of financial statements that are used by non-profit organizations, and how they differ from for profit financial reporting.
This session will explore the following topics in detail:
- The documents and financial statements included in a nonprofit organization's financial report
- Financial ratio analysis, its objectives and limitations
- The information found in non-profit statements of financial positions, statement of activities and statement of cash flows
After attending this session, you will understand the power and limitations of accounting information in assessing financial performance and decision-making.
This session is intended for Board Members, Executives and Senior Staff.
Speakers for this session will be announced shortly.

 

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