Nonprofit Finance
NPM 531: Managing Financial Resources in Nonprofits
This course introduces the underlying concepts, language and reporting methods of accounting and financial analysis. We will emphasize the understanding and using accounting and financial statements. Topics include budgeting, working with accountants and financial analysis including how to manage financial resources to achieve the organization’s mission.
In order for nonprofit managers to make sound financial decisions regarding their organization’s mission and programs, a good understanding of financial statement terms and how to interpret them is essential. In this course students will learn the financial terms and understand how budgets are developed and what some key financial measurements can contribute to a better understanding of the areas they have responsibility.