Nonprofit Accounting Bootcamp - Four Part Series
Nov. 4 - Nov. 12, 2020
9:00 am - 12:00 pm
Individual Members: No Additional Fee
Organizational Members: No Additional Fee
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.
- 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 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.
Anne Freiermuth, CPA is a Principal at Mission Math and has over 15 years of experience working with nonprofit organizations in the areas of accounting, audit preparation, human resource management, board presentations, and governance policy development, working with over 40 nonprofit organizations.
After graduating with a Bachelor of Arts in Economics from Vassar College in New York, Anne returned to Los Angeles, where she grew up. She soon began bookkeeping for a tiny nonprofit with a staff office located in the room behind the garage of the board chairman’s home. It was love.
Anne pursued her interest in accounting by taking coursework at UCLA Extension while working full-time and received her Certificate in Accounting in 2009. She then became a California-licensed Certified Public Accountant in 2011.
Anne has taught nonprofit accounting for UCLA Extension, the California Society of CPAs, American Jewish University and Riordan Leadership Institute.
Anne also proudly serves on the board of directors of Los Angeles Conservation Corps.