Nonprofit Accounting Bootcamp - Four Part Series
Nov. 4 - Nov. 12, 2020
9:00 am - 12:00 pm
Webinar
Individual Members: No Additional Fee
Organizational Members: No Additional Fee
Non-Members: $225
About this event
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.
LEARNING OUTCOMES:
- Series participants will be introduced to fundamental accounting rules (generally accepted accounting principles) and financial reports of nonprofit organizations.
- Series participants will analyze which transactions get recorded in the accounting system and how.
- Series participants will be able to recognize allocation methodologies and how they impact financial statements and external oversight.
- Series participants will be able to record common accounting transactions.
MODULE OVERVIEW
Module I: Introduction and Contributions Accounting
Wednesday, November 4 | 9 a.m. to noon
Module II: Internal Controls, Fixed Assets, Reading Financials, Allocating Expenses
Thursday, November 5 | 9 a.m. to noon
Module III: Putting it all Together: Case Study Year One
Wednesday, November 11 | 9 a.m. to noon
Module IV: Putting It All Together: Case Study Year Two
Thursday, November 12 | 9 a.m. to noon
Generously sponsored by Citizens Business Bank.