The need for financial literacy at the board and senior management level of not-for-profits is more important than ever. The sector has experienced a period of rapid change accompanied by mounting challenges. With a call for increased transparency and accountability as well as the need to improve existing financial reporting models, board directors and executives of not-for-profit and public sector organizations are required to pay more attention to financial statements, cash flows and financial performance in order to provide better information to stakeholders.
This one-day workshop is designed to address the unique circumstances and challenges of the not-for-profit sector. You will be equipped with the knowledge to bolster the financial capacity of not-for-profits, improve decision making and provide better support to your organization. Over the course of the day, you?ll explore topics such as:
- Financial reporting
- Budget analysis
- Managerial accounting tools
- Performance evaluation tools
- Products and services costing