Financial Management Within the Nonprofit Sector, Parts 1 & 2
While some people shy away from supposedly “boring” numbers, budgeting is a central management tool for overseeing an agency’s activities. Learn the essentials of financial management techniques that can be an extremely valuable aspect of organizational leadership.
Michael J. Daun, MPA, is currently a part-time instructor and financial consultant working with area local governments. Recently retired, Mr. Daun was the Deputy Comptroller for the City of Milwaukee. He was responsible for the day-to-day operations and responsibilities of the Comptroller’s ... read more
Benefits and Learning Outcomes
- Overview the financial management systems important to your nonprofit organization
- Identify critical budgeting, accounting and control system terms and concepts for fundamental financial management
- Learn financial principles to strengthen your nonprofit organization’s allocation opportunities
- Examine your current capital cycle and explore possible improvements
Part 1: Analyze the principles of financial management for nonprofits. Learn to apply the fundamentals of accounting, budgeting processes, cash flow analysis, expenditure control, long-range financial planning, audits, grants and contracts to nonprofits.
Part 2: Study budgeting and planning, tax issues and internal/external reporting requirements for financial management.