Greater Philadelphia Cultural Alliance

Think Strategically: Understanding the Financial Aspect of Your Organization (Webinar)

Financial statements tell the story of your organization. Most of the financial transactions that affect your organization are reflected in the financials. Learning the fundamentals of the financial statements will help you be a more viable member of the team, whether you are on the board or are a member of the staff. Accounting is the language of business and accounting results are the basis or foundation of many strategic and operational decisions. This webinar will explain the basics and some intermediate topics related to financial statements for nonprofits.

Objectives:

o   Understand your fiduciary role

o   Board’s Role and Financial Reports

o   Potential Red Flags

o   Role of Accounting and Cash vs. Accrual

o   Financial Statements

o   Ratio Analysis

o   Trend Analysis

o   Materiality

Level:   Basic > Intermediate

Who Should Attend:  Nonprofit Board of Directors and Staff  for nonprofits.

Presenter: Dr. Regan Garey, CPA, Owner, Accounting & Financial Literacy, Inc.

Materials & Login/Call-In Instructions:

Webinar materials (PowerPoint PDF and other handouts), along with, instructions on how to login and call-in, will be emailed to attendees prior to the date of the webinar.

Financial statements tell the story of your organization. Most of the financial transactions that affect your organization are reflected in the financials. Learning the fundamentals of the financial statements will help you be a more viable member of the team, whether you are on the board or are a member of the staff. Accounting is the language of business and accounting results are the basis or foundation of many strategic and operational decisions. This webinar will explain the basics and some intermediate topics related to financial statements for nonprofits.