ORG401: Nonprofit Financial Accounting

Course Description

This course introduces students to the concepts and principles of nonprofit financial accounting. Students will explore strategies for financial accounting, including basic planning and management principles. The course will also cover underlying organizational issues involved with planning and finances, including in-depth analysis of the organization’s financial planning process and audit. Finally, it will cover how organizational ethics, norms, strategic planning and direction influence their funding and ability to meet their financial goals as well as their donors’ needs.

Course Objectives

After completing this course, you will be able to:

  1. Identify information for reporting to organization’s stakeholders
  2. Review, interpret and evaluate nonprofit financial data
  3. Apply the process for creating financial statements
  4. Access the importance of ethics and accountability in nonprofit financial accounting
  5. Prepare and explain nonprofit financial statements

Syllabus

Course Materials & Tuition

Streetsmart Financial Basics for Nonprofit Managers, 4th Edition. ISBN: 1119061156   $31.44
Tuition $800.00
Total Cost of Course $831.44

On-Site Requirements

Interviews

  • Director and/or Accounting head – accounting functions of ministry

Information and/or Documents

  • Chart of Accounts for the ministry
  • Copy of the latest ministry accounting audit.
  • Flow chart for handling direct mail contributions.
  • Internal security controls for the accounting system and how they relate to the ECFA.
  • Management Reports
  • Cash Management – Income and Expense reports
  • 12 month Report of Income
  • Allocation guidelines
  • Budgets
  • Tax Filing reports
  • Board Policies