Financial Management for Nonprofit Organizations
The course examines the use of financial statements as a management tool, the elements of an accounting system and how they are used in a nonprofit organization, the basic methods of internal controls and preparation for an external audit, the budget cycle and filing tax statements.
This intensive five-week course explores the following topics:
- Nonprofit financial statements and analysis
- Accounting system overview
- Internal controls and the external audit
- Budgeting and taxes
Special features of this course include:
- Links to useful web content from leading organizations in nonprofit financial management such as Guidestar and Lumity.
- Small group projects that will give you hands-on experience in developing a financial management plan.
- In-depth weekly discussions with peers around the world.
- Small class size of 25 participants.
Learning Objectives
What you and your organization will gain from this course:
- The ability to analyze financial statements for nonprofit organizations
- Basic budgeting skills
- The ability to recognize the need for internal controls and an external audit and implement a process to achieve both
