For some, financial statements feel like they are written in a different language. Liabilities? Cash flows? Change in Net Assets? What do they all mean, and why are they important? Join us for Basics of Nonprofit Financial Statements for an introduction on how to crack the code on the reports that the accounting department delivers.
- Identify the structure and composition of compiled nonprofit financial statements
- Define account groups and how they are important to the overall structure of the organization
- Contrast the differences between various bases of accounting
- Utilize assorted metrics to determine the health of an organization