Financial Oversight & Accountability for Nonprofit Board Members
Thursday, April 29, 2021
9:00 am - 12:00 pm
Virtual Workshop via Zoom
Individual Members: No Additional Fee
Organizational Members: No Additional Fee
About this event
It is a given that a principal responsibility of a nonprofit board is to oversee finances. How many board members understand the underlying economic structure of their organization and what precisely do they need to know in order to ensure that sufficient resources of the right kind are found to deliver its mission?
Are you prepared for this important board responsibility? Do the financial documents reflect an accurate picture? Do the numbers add up? If you don’t know what to look for when you receive your nonprofit’s financial report, and yet you know it’s ultimately the board’s responsibility, this workshop is for you.
This workshop is a 3-hour scan of issues both essential and unfamiliar to many board members: the basics of nonprofit accounting, reading financial statements, the importance of audits, administrative structures and avoiding personal liability.