Financial management for nonprofit organizations is becoming more important due to increased donor sophistication and access to information, increased competition, and reliability of financial data for executives and board members to make key decisions. This course will provide a basic overview of financial statements and key financial metrics applicable to nonprofit organizations.
Objectives:
Understand key financial concepts applicable to nonprofit organizations.
Using financial ratios and metrics to assess the financial health of the organization.
Learn the differences between a financial statement, audit, review, compilation, and agreed-upon procedures
Who should attend: Nonprofit Management Program participants, CEOs, CFOs, COOs, Controllers, board chairs, and others interested in minimizing risk.
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