Nonprofit Finance 101

Date: April 11, 2019
Time: 9:00 am  to  12:00 pm

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The NEW Center
South Conference Room
1100 N Main St
Ann Arbor, MI 48104

Nonprofit Finance 101
This class offers training and resources to help you manage your nonprofit’s “double bottom line” – its mission and its margin – and provides tools to make more informed decisions that help impact your communities.

Nonprofit Finance 101 (formerly “Finance from the Beginning”) is a three hour, interactive session that covers the following topics:

  • Foundational Accounting Principles
  • What is accounting and why do I need it?
  • Cash vs. Accrual Accounting – which am I looking at – and why does it matter?
  • Debits and Credits – do they really have to be in balance?
  • Assets, Liabilities, Revenue, and Expenses – what’s the difference?
  • Key Financial Management Reports
    • Statement of Financial Position (“Balance Sheet”)
    • Statement of Financial Activities (“Income Statement” or “P & L”)
  • CPA Audit vs. Review vs. Compilation – what’s the difference and which do I need?
  • Essential Financial Oversight Tools – what are the top 5 to have in place?

Click here for more information and to register.