Product Details
Topics Covered
- Board financial oversight
- Nonprofit finance
- Nonprofit financial statements
- Nonprofit financial reports
- Nonprofit budgeting
- Nonprofit financial health
- Nonprofit compensation
- Nonprofit audits
- Nonprofit financial policies
- Form 990
Key Features
- Mobile-friendly
- Audio-enabled
- Badge and credit-awarding
- Real-world case studies
- Fully accessible
- Games & Flashcards
- Expert-supported
- Video content
Course Preview
Course Description
This course will provide you with tips and tools to provide proper financial oversight of your nonprofit. It describes the financial roles and responsibilities of board members and provides an overview of the documents found in a nonprofit's financial report. You will learn how to identify and analyze key information in a nonprofit statement of financial position, statement of activities, and statement of cash flow and will get an overview of the process for developing and
Learning Outcomes
- Explain the role of the board in providing proper financial oversight
- Identify and describe the documents and financial statements included in a nonprofit organization's financial report
- Explain the role of different types of financial committees
- Analyze the information found in a nonprofit statement of financial position, statement of activities, and statement of cash flows
- Describe the process for developing and approving a nonprofit's budget
- Explain how board members make decisions regarding compensation
- Apply key financial indicators to assess a nonprofit's financial health
- Describe policies and procedures to maintain financial transparency and prevent fraud
- Describe the requirements for filing a nonprofit's Form 990
- Explain key aspects of a nonprofit audit and describe the role of the board in overseeing audits
Notes
This course has an "Ask the Expert" feature, which submits your questions directly to an expert in the field you are studying. Questions are answered as quickly as possible and usually within 24 hours.
As an Accredited Provider, MindEdge offers for its learning events that comply with the Continuing Education and Training Standard.
Learners must achieve an average test score of at least 70% to meet the minimum successful completion requirement and qualify to receive credit. Learners will have three attempts at all graded assessments.
