Accounting for Non-Accountants: Understanding Basic Financial Information in a Nonprofit Organization

Every organization has board or staff members that possess financial credentials and/or experience and are charged with the primary responsibility of reporting or managing the financial matters of the nonprofit. However, board and staff members whose expertise is other than financial still need the ability to monitor the financial condition of the organization and be in a position to ask questions and determine if the organization has the resources to carry out its program goals and strategies. This is an introductory course in how to read Financial Statements for those who are not finance or accounting professionals.

Attendees will learn:
• What to look for when reading financial statements
• Indicators of financial health as well as how to detect potential trouble spots
• What is different about nonprofit financial statements
• How to confidently ask questions of your accounting or finance professionals
Instructor Kim Abel became Deputy Director of The Scholarship Foundation in February 2011 after joining the staff in 2001 as Associate Director. Prior to 13 years in nonprofit financial and business management, Kim held a variety of management roles in small and large for-profit companies. She was Chief Financial Officer at Propper International and prior to that, at Frank Spielberg Sales. She also worked for 18 years for Edison Brothers Stores, rising to the position of Director of Accounting Information and Control/Manager of Internal Financial Reporting (Assistant Vice President). Kim’s bachelor’s degree is from William Woods University, where she majored in accounting.
2-5 p.m. Thursday, March 26, 2015
Cost: $ 25
To register, click here.