How to Read a Nonprofit Financial Statement

Course Description:

Understanding what the numbers say about the health of your nonprofit is critical to being able to manage the organization successfully. This course will develop your ability to appropriately interpret the major financial accounting statements that are used by nonprofit organizations. You will gain an understanding of the types of financial statements that are used by nonprofit organizations, and how they differ from for-profit financial reporting. Also, the course demonstrates the power and limitations of accounting information in assessing financial performance and decision-making. You will also learn the uses of financial statement analysis, or ratio analysis for nonprofit organizations.
 
Learning Outcomes:
  • Identify and describe the documents and financial statements included in a nonprofit organization's financial report
  • Analyze the information found in nonprofit statements of financial positions
  • Analyze the information found in the statement of activities
  • Analyze the information found in the statement of cash flows
  • Describe the nature of business enterprises and nonprofit organizations, as reflected by the statement of financial position
  • Define financial (ratio) analysis and explain its objectives and limitations
  • Identify the various categories of financial ratios used in nonprofit analyses
  • Define and calculate the ratios within each category
Estimated Length: 5 Hours
 
CEUs: 0.5 CEUs
 
Notes:
 
Although this course is introductory, having some understanding of basic finance concepts is helpful.
 
This course has an "Ask the Expert" feature, which submits your questions directly to an expert in the field you are studying. Questions are answered as quickly as possible and usually within 24 hours.
 
Learners must achieve an average test score of at least 70% to meet the minimum successful completion requirement and qualify to receive IACET CEU credit. Learners will have three attempts at all graded assessments.
 

  

GIC reserves the right to cancel or change the date or location of its events. GIC's responsibility will, under no circumstances, exceed the amount of the fee collected. GIC is not responsible for the purchase of non-refundable travel arrangements or accommodations or the cancellation/change fees associated with cancelling them. Please call to confirm that the course is running before confirming travel arrangements and accommodations. Please click here for complete policies.

You will be emailed your login information once your registration has been confirmed.

We could offer any of our courses at a location of your choice and customized contents according to your needs, please contact us at : inhouse@gic-edu.com or click here  to submit an online request.


Course Materials

Each participant will receive a complete set of course notes and handouts that will serve as informative references.

$105

Need a Government Grant?

Jumpstart your training with the help of Global Innovative Campus (GIC-Canada) & the Canada Job Grant.

Seminars and Workshops offered within your organization anywhere in the world.

Offline Registration

To Register by fax, download and fill our registration form, then fax it to (888) 849-4871. Mail your cheque to our address.

If you have a question regarding this course, please click here to contact us.
Share
CEUs Certificate

A certificate of completed Continuing Education Units (CEUs) will be granted at the end of this course. A fee is required for all complimentary webinars.

On-Site Training

This course can be customized and delivered on-site at your facility.

Stay on top of your profession development with useful articles and industry updates Subscribe