You are part of the NPO ecosystem and it is not always easy for you to make the right choices. How do you make informed decisions for a nonprofit organization when you are not a financier? Whether you are a member, administrator, funder, donor or manager, you do not necessarily have all the cards in hand to appreciate the financial situation at its true value. With this training, you will know how to read and analyze the financial statements of an NPO. Even if you are not a financier, you will be able to appreciate the reality of the financial situation and determine what strategic actions should be taken.
Duration
2 days
Schedule
9h to 16h
Regular fee
$965
Preferential fee
A preferential rate is offered to public institutions, to members of certain professional organizations as well as to companies that do a certain amount of business with Technologia. To know more, please read the "Registration and rates" section on our FAQ page. Please note that preferential rates are not available for online training courses. Discounts cannot be combined with other offers.
$870
Objectives of the training
At the end of the training, the participant will be able to evaluate the financial situation of his or her organization in order to make more informed strategic decisions.Targeted audience
All stakeholders in a non-profit organizationPrerequisite
NoneTrainers
Course architecture
Financial statements can seem complicated or intimidating, and it is not always possible to ask for support to have someone analyze them for you. This course aims to give you autonomy and independence by demystifying the reading of financial statements, so that you can validate the information presented to you and act accordingly.
1 - How to read the financial statements of a non-profit organization (NPO and CO-OP) :
- Become familiar with the language of finance and accounting
- What are the types of financial statement validation engagements
- Identify the structure of the main financial statements:
- What is a Balance Sheet or Statement of Financial Position
- What is the Income Statement or Statement of Revenues and Expenses
- What is the Statement of Changes in Net Assets
- What is the Statement of Cash Flows
- What are the notes to the financial statements
2 - How to analyze the financial statements of an NPO and CO-OP
- What are the main tools for analyzing the various financial statements?
- How to distinguish the 3 types of contributions
- When do we talk about a Restatement or an adjustment of the financial statements
3 - How to evaluate the financial situation of your organization using the main ratios :
- Liquidity ratios
- Financial balance ratio
- Management ratios
- Operating profitability ratios
Pedagogical details
Type of training
Skill development
Skill development and knowledge integration
Decision support
Basic knowledge
Private or personalized training
If you have more than 8 people to sign up for a particular course, it can be delivered as a private session right at your offices. Contact us for more details.
Request a quoteDuration
2 days
Schedule
9h to 16h
Regular fee
$965
Preferential fee
A preferential rate is offered to public institutions, to members of certain professional organizations as well as to companies that do a certain amount of business with Technologia. To know more, please read the "Registration and rates" section on our FAQ page. Please note that preferential rates are not available for online training courses. Discounts cannot be combined with other offers.
$870
Private or personalized training
If you have more than 8 people to sign up for a particular course, it can be delivered as a private session right at your offices. Contact us for more details.
Request a quote