Beyond the Fundamentals of Financial Management: What the Numbers Are Really Saying
Posted by La Salle Nonprofit Center on May 28, 2018
Date and Time: Tuesday, June 19, 2018 – 09:00 am to 01:00 pm
Location: The Historical Society of Pennsylvania – 1300 Locust Street, Philadelphia, PA 19107
We created this class in response to overwhelming demand for a “deeper dive” into what the numbers are saying. This class will continue the process of understanding, analyzing, interpreting and communicating information contained in audited financial reports. Through in-depth dissection and analysis of a financial case study, this class will take participants through the process of determining the health and headaches that financial statements reveal. You will learn to look beyond the surface to reveal the truth behind the numbers and how to frame the story for readers of your organization’s financial reports.
The session will begin with a review of analysis tools and how financial statements relate to one another (as taught in Fundamentals of Financial Management), then move on to the examination of multi-year audited financial statements of a nonprofit. You’ll practice using these tools to make observations and form conclusions about the future of the organization, based on what the statements reveal. The next step is formulating recommendations for course corrections or actions. Break out groups will have an opportunity to present their findings to “mock” boards using what they have discovered in their analysis.
If you love mysteries and searching for clues, this class will be a treasure hunt to reveal what truly lies beneath the numbers.
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