Who should attend
NFP managers and board members who want to become more confident working with and discussing financial and accounting information, and who would like to improve their decision-making skills.
About the course
Increase your leadership effectiveness with a better understanding of the fundamentals of finance and accounting in your Not-For-Profit or Charitable Organization.
Why This Program?
You will gain an understanding of how to interpret financial information and learn the tools you need for making informed not-for-profit financial decisions.
It is important that participants prepare for the session by reviewing briefly their organization’s most recent annual report. They should bring to class an example of a recent operating decision where financial considerations played a role. This could include the decision to acquire resources (ie. hire more people, purchase equipment) or any other decision where finances were considered.
Through this program, you will:
- Understand how to review NFP balance sheets and income statements
- Learn how your budgeting process impacts the organization's strategy and culture
- Understand how financial decisions are made for acquiring additional resources, such as expanding headcount and buying equipment
- Know the types of information that NFP board members need and how best to present it to them
Dan Torbiak, B. Comm. (Hons.)/80, FCPA, FCA is an Asper Executive-in-Residence. He helps develop relationships between the Asper School and the Manitoba business community. He is a sessional lecturer in Taxation at the Asper School and coaches students for the annual JDC-West case competition. He...
Because of COVID-19, many providers are cancelling or postponing in-person programs or providing online participation options.
We are happy to help you find a suitable online alternative.