WEBINAR: NONPROFIT FINANCIAL BOOT CAMP PART 2
June 5, 2020 @ 9:30 am - 12:30 pm
Faculty: A. Michael Gellman, CPA, CGMA, Fiscal Strategies 4 Nonprofits
Course Objective: Gain a better understanding of Financial Management Projection-Based Budgeting and the Budget Process
Given the current difficult economy, being financially nimble is now a necessity. In this second session, the Center for Nonprofit Advancement will discuss how budgets can be used to adapt to changing economic conditions and protect your organization’s resources. This interactive presentation will explore the concepts behind projection-based budgeting and how to fully integrate the non-financial manager, staff and board member into the budget process to help your organization realize its full potential and maximize the use of its limited resources.
Discover how budgets can be the catalyst to interactive sharing of information and resources between management, board and staff. Participants will be fully engaged through the use of a series of rolling budget case studies that they will have to directly interpret and analyze. Concepts will be explained based on the use of direct real-life situations. This workshop will also explore the budgeting process, emphasizing how budgets work and how to make budgets work for you. You will receive valuable guidance on planning, the budget cycle, budget reporting and budget preparation techniques. Participants will leave with sample projection-based dashboards they can adapt for use with their board of directors.
Registering for Part 1 automatically registers you for Part 2 as well. If you cannot attend Part 2, please reach out to Sean Sweeney at [email protected].