NOT1903. Effective Internal and External Financial Reporting at Nonprofits

Track: 
Accounting & Auditing
Field of Study: 
Accounting
CPE Credit: 
1.5
Knowledge Level: 
Intermediate
Advanced Preparation: 
None
Prerequisite: 
Basic knowledge of not-for-profit operations, auditing, accounting and/or compliance requirements. General experience working in, or auditing, not-for-profits, including those NFPs audited under GAGAS.

Monday, June 10, 2019
 
2:05PM-3:20PM

This session will examine methods of effective internal and external financial reporting at nonprofits, with a focus on the content and methods of financial reporting to the board, senior management and outside stakeholders. We will cover topics on ratio analysis, board reporting, cash and liquidity information and profit and loss by program. In addition, we will discuss what is relevant financial information to analyze the financial condition for effective decision making.

Learning Objectives:

  • Identify methods for effective external financial reporting and how to apply effective internal financial reporting tools for the board of directors and senior management.
  • Evaluate key elements of analysis and reporting using ratio analysis, benchmarking and profit and loss analysis for effective financial reporting.
  • Select sources of relevant financial data


SESSION SPEAKER(S)

CPA
Managing Partner | CapinCrouse LLP
CPA, CGMA
Partner | Marks Paneth LLP