February 19-21, 2013 and October 8-10, 2013
February session: February 15, 2013, 10 a.m.
October session: October 4, 2013, 10 a.m.
Knowing the “numbers” is a complex task for most nonprofit leaders. This session will help senior executives improve their understanding of the entire financial picture of their organization. Through lectures and small work groups, participants will have the opportunity to better understand their financial statements, to spot financial trends, to identify areas of cost containment and to predict the implications of their management decisions.
Taught by leading Kellogg accounting and management faculty along with outstanding practitioners, this course is relevant for nonprofit managers who want to enhance their financial acumen and better manage their financial resources.
What will participants learn?
- To read and interpret financial statements
- To understand the nuances of nonprofit financial management
- To work more effectively with financial managers and finance oriented board members
Key benefits of this program:
- Develop the analytical ability to look at the revenue and expense sides of the organization
- Look for threats to the financial sustainability of your organization and responses to those threats
- Learn to think about current assets and ways to leverage those assets for the future