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Reading and Understanding Nonprofit Financial Statements

How can non-accountants make sense of financial statements?

Everyone involved in leading or managing a nonprofit organization – whether as a board member or as a staff member – needs to comprehend the story behind the numbers.  In fact, providing appropriate oversight of the organization’s finances and being a responsible fiscal steward is a primary fiduciary duty of all trustees.

"Reading and Understanding Not-for-Profit Financial Statements" is designed to enable non-financial executives and trustees to:
·        Understand basic financial terminology
·        Read key documents reflecting the organization’s financial position, activities, cash flows, and functional expenses
·        Be capable of judging their soundness
·        Recognize warning signs that reflect the health of the organization
·        Protect the organization against financial problems and potential fraud
·        Ask the right questions

Together with the Nonprofit Center at Lakeland Community College, Partner Sue Krantz will present a two-hour interactive discussion geared toward those charged with a fiscal obligation or financial understanding to not-for-profit entities. Following this seminar, you will better understand: 

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