For many nonprofit Executive Directors, Chief Executive Officers, Presidents and other senior executives, financial statements and reports are often unclear, confusing or even downright frustrating. Not understanding how to read an organization’s financial statements and reports can be a major impediment to knowing the true nature of an organization’s health and being able to communicate effectively with Board members and funders. However, within those statements and reports reside the answers to what an executive needs to know in order to effectively and efficiently manage his or her organization.
Nonprofit Consulting Services’ comprehensive two-day Demystifying Financial Statements and Reports training enables senior executives of nonprofit organizations to master the meaning behind the financial statements and terminology that they often struggle with.
The training gives participants a better understanding of non-profit accounting and financial terminology as it relates to their own organization's fiscal health and translates it into meaningful information that they can use for Board and funder reports. The training also gives participants an understanding what donors, funders, charity watchdogs and other interested parties consider when reviewing non-profit financials.