This course introduces students to the concepts and principles of nonprofit financial accounting. The students will explore strategies for financial accounting, including basic planning and management principles, underlying organizational issues involved with planning and finances, including in-depth analysis of the organization’s financial planning process and audit, knowledge of how organizational ethics, norms, strategic planning and direction influence both the funding and their ability to meet their nonprofit organizations financial goals while meeting the donor’s needs.
After completing this course, you will be able to:
- Identify information for reporting to organization’s stakeholders (Bloom’s Taxonomy 1 &2)
- Review and interpret nonprofit financial data (Bloom’s Taxonomy 2)
- Apply the process for creating financial statements (Bloom’s Taxonomy 3)
- Access the importance of ethics and accountability in nonprofit financial accounting (Bloom’s Taxonomy 5)
- Prepare and explain nonprofit financial statements (Bloom’s Taxonomy 4 & 6)
Course Materials & Tuition
|Streetsmart Financial Basics for Nonprofit Managers, 4th Edition. ISBN: 1119061156||$31.44|
|Total Cost of Course||$791.44|
- Director and/or Accounting head – accounting functions of ministry
Information and/or Documents
- Chart of Accounts for the ministry
- Copy of the latest ministry accounting audit.
- Flow chart for handling direct mail contributions.
- Internal security controls for the accounting system and how they relate to the ECFA.
- Management Reports
- Cash Management – Income and Expense reports
- 12 month Report of Income
- Allocation guidelines
- Tax Filing reports
- Board Policies
- Contact us for more information.