| Course Description: |
| Financial Essentials for Nonprofit Managers |
Managers of nonprofit organizations (NPOs) generally are not
skilled in financial matters. Or, managers are often preoccupied
with its welfare objectives and fund raising and ignore the
operations efficiency and operating cost controls. A series of
appropriate questions that nonprofit financial managers must
address in connection with an organization’s financial condition
and activity include:
1. Do we have a profit or a loss?
2. Do we have sufficient reserves?
3. Are we liquid?
4. Do we have strong internal controls?
5. Are we operating efficiently?
6. Are we meeting our budget?
7. Are our programs valid?
8. Are we competing successfully?
9. Is our prioritizing of programs and activities reasonable?
The course is an attempt to help answer theses questions.
skilled in financial matters. Or, managers are often preoccupied
with its welfare objectives and fund raising and ignore the
operations efficiency and operating cost controls. A series of
appropriate questions that nonprofit financial managers must
address in connection with an organization’s financial condition
and activity include:
1. Do we have a profit or a loss?
2. Do we have sufficient reserves?
3. Are we liquid?
4. Do we have strong internal controls?
5. Are we operating efficiently?
6. Are we meeting our budget?
7. Are our programs valid?
8. Are we competing successfully?
9. Is our prioritizing of programs and activities reasonable?
The course is an attempt to help answer theses questions.
| Author: CPE Credits: Field of Study(s): Experience Level: Prerequisites: Delivery Method: Course Format: |
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Jae K. Shim, Ph.D, CPA
14
Economics
Intermediate to advanced
Basic math, statistics & accounting
Self-Study
Online / CD-Rom / Textbook / Audio
14
Economics
Intermediate to advanced
Basic math, statistics & accounting
Self-Study
Online / CD-Rom / Textbook / Audio