Nonprofit Accounting Bootcamp - Four Part Series

Understanding the unique accounting principles and requirements that apply to nonprofits is critical for your mission to succeed.  This four module seminar series will introduce students to the basic accounting concepts relevant to nonprofit organizations.  Participants will be exposed to foundational accounting principles and their practical applications.  This will include understanding cash vs. accrual basis, the matching principle, fund accounting, functional allocations, and how to read and prepare financial statements. This series is generously sponsored by Citizens Business Bank.

LEARNING OUTCOMES:

1. Series participants will be introduced to fundamental accounting rules (generally accepted accounting principles) and financial reports of nonprofit organizations.
2. Series participants will analyze which transactions get recorded in the accounting system and how.
3. Series participants will be able to recognize allocation methodologies and how they impact financial statements and external oversight.
4. Series participants will be able to record common accounting transactions.

MODULE OVERVIEW

Module I:  Introduction and Contributions Accounting

Wednesday, August 25 | 9 a.m. to noon

Module II: Internal Controls, Fixed Assets, Reading Financials, Allocating Expenses

Thursday, August 26 | 9 a.m. to noon

Module III: Putting it all Together:  Case Study Year One

Wednesday, September 1 | 9 a.m. to noon

Module IV: Putting It All Together:  Case Study Year Two

Thursday, September 2 | 9 a.m. to noon

Wednesday, August 25 | 9 a.m. to noon

Module II: Internal Controls, Fixed Assets, Reading Financials, Allocating Expenses

Thursday, August 26 | 9 a.m. to noon

Module III: Putting it all Together:  Case Study Year One

Wednesday, September 1 | 9 a.m. to noon

Module IV: Putting It All Together:  Case Study Year Two

Thursday, September 2 | 9 a.m. to noon

Level: Intro/Intermediate

Target Audience: Executive directors & CEOs, CFO’s, finance staff