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Nonprofit Skills™: Financial Oversight for Board Members

$79
Self-Paced3 Course Hours | 12 Weeks
View Course
Nonprofit Management
Nonprofit Skills™: Financial Oversight for Board Members

Description

This course will provide you with tips and tools to provide proper financial oversight of your nonprofit. It describes the financial roles and responsibilities of board members and provides an overview of the documents found in a nonprofit's financial report. You will learn how to identify and analyze key information in a nonprofit statement of financial position, statement of activities, and statement of cash flow and will get an overview of the process for developing and approving a nonprofit budget.

credits

  • IACET CEUs: 0.3
    • HRCI Credits: 3
      • SHRM PDCs: 3

        features

        • Mobile-friendly
        • Audio-enabled
        • Badge and credit-awarding
        • Real-world case studies
        • Fully accessible
        • Games & Flashcards
        • Expert-supported
        • Video content

        learning Outcomes

        • Explain the role of the board in providing proper financial oversight
        • Identify and describe the documents and financial statements included in a nonprofit organization's financial report
        • Explain the role of different types of financial committees
        • Analyze the information found in a nonprofit statement of financial position, statement of activities, and statement of cash flows
        • Describe the process for developing and approving a nonprofit's budget
        • Explain how board members make decisions regarding compensation
        • Apply key financial indicators to assess a nonprofit's financial health
        • Describe policies and procedures to maintain financial transparency and prevent fraud
        • Describe the requirements for filing a nonprofit's Form 990
        • Explain key aspects of a nonprofit audit and describe the role of the board in overseeing audits

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        • Nonprofit Management
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          How to Read a Nonprofit Financial Statement

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        • Nonprofit Management
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