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Financial Oversight, Budget and Strategy: Not-for-Profit Governance and Assurance

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Course Description

This CPE course is included in the 40-hour Not-for-Profit Certificate Program . It can also be purchased individually or as a part of the Not-for-Profit Governance and Assurance track. This CPE course reviews procedures and example policies that help maintain good governance and financial oversight by a not-for-profit (NFP) board of directors. It covers basic organizational structure and the responsibilities of a typical NFP finance committee, investment committee, and audit committee that work in partnership to ensure proper stewardship of the NFPs resources. You will also learn about budget preparation and monitoring, strategies to analyze the financial health of an NFP, tools such as dashboard reports, analysis, techniques and key ratios to manage and monitor liquidity, cash flow and efficiency. Topics Discussed: NFP governing bodys purpose, role and responsibility IRS Form 990 Written policies and procedures for NFP boards and committees Uniform Prudent Management of Institutional Funds Act (UPMIFA) Ratio analysis Accounting policies Budgeting Types of budgets Operating reserves Dashboards Responsible fundraising Risk management

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Learning Format 3.0 Hours
Self-Study / On-Demand

Credit Type(s)
Business Mgmt & Org

Knowledge Level
Basic