Foundations of Financial Management

Posted by La Salle University on March 28, 2016

Few nonprofit managers come into their roles with expertise in finances. But to effectively manage an organization or a program, every nonprofit manager has to develop basic skills and an understanding of the fundamentals of nonprofit financial management. That encompasses financial reporting, internal controls, knowledge of key accounting responsibilities, legal considerations, sustainability, potential taxation issues and vocabulary, to build a solid foundation for management.

This class establishes an understanding of how each key aspect of the organization and its impact on financial management is integral to the overall success of the organization. It provides the essential basis of best practices in nonprofit finances, covering the primary responsibilities of managers and the executive director, and highlighting the principle issues of nonprofit fiscal management. Areas of focus will include accounting issues and standards specific to nonprofit organizations, budgeting concepts and frameworks, and the importance of your organization’s internal and external financial reporting, fiscal controls and measuring and evaluating financial performance. You will have the opportunity to send your financials (redacted for privacy) in advance to request discussion of a specific issue.

When: July 14, 2016, 9 am to 4 pm
Where: Historical Society of PA, 1300 Locust St., Phila.
Fee: $129 for Members/$159 for Non-Members

Part of the Certificate in Nonprofit Management
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http://www.lasallenonprofitcenter.org/what-we-do/certificate-programs/nonprofit-management/