Nonprofit.Courses Select by Lorman

Financial Statement Preparation and Analysis for Nonprofits, by Lorman

Financial Statement Preparation and Analysis for Nonprofits is brought to you by Lorman

Benefit in attracting more potential donors by improving the quality and accuracy of financial reporting at your nonprofit organization.

Receive an overview of nonprofit financial statements and both external and internal nonprofit financial reporting concepts. This topic will focus on the primary users of nonprofit financial statements. Explore the fundamental accounting concepts underlying nonprofit financial statement presentation and reporting and receive the tools you need to improve the overall quality and accuracy of financial reporting at your nonprofit organization. Discuss how to effectively and efficiently review nonprofit financial statements to assess the overall financial health of a nonprofit organization and receive a better understanding of how your financial statements are evaluated by board members, granting agencies, foundations, other donors and the public.

Learning Objectives

  • You will be able to identify the basic fundamentals of nonprofit financial reporting.
  • You will be able to identify the concepts required for the Statement of Activities.
  • You will be able to identify the concepts required for the Statement of Financial Position.
  • You will be able to differentiate the characteristics of a healthy nonprofit organization.

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