Global Innovative Campus

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Tel: 1-888-384-4863
Email: info@gic-edu.com

How to Read a Nonprofit Financial Statement

Course Code: ON296
Date: -
Location:

A certificate of completed Continuing Education Units (CEUs) will be granted at the end of this course. Continuing Education Unit (CEU)

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.
 

  

To register for this course click on the register button above, or by fax. 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.

P.S. GIC can offer many of our courses at a location of your choice, at your convenience and tailored to your special needs. For more information, please contact us.

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

Policies:

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.