This session will cover the basics of financial acumen required for non-financial directors and managers working at non-for profit organizations. It will cover the fundamental role of the board, financial reporting process, financial reporting concepts, accounting for contributions (donations), the four key financial statements, fund accounting, and the participants' roles as NFP Directors.
Who is this session for?
This session is best for non-financial Directors or Managers working at non-for profit organizations that require a basic knowledge or refresher of financial literacy.
What will participants gain from this session?
1. Understanding the financial reporting process and concepts for an NFP
2. Understanding the role of the board at an NFP
3. Understanding the role as an NFP director in relation to finances.
About the facilitator
Irene Lee , CPA is the Owner, Outsourced CFO of Impact Accounting & Finance CPA Professional Corporation.
Ambitious start-ups are fuelled by extraordinary entrepreneurs. Impact Strategy CPA is no different. What started as a side hustle several years ago has transformed into a strategic financial powerhouse that specializes in helping leadership teams build better relationships with their finances. Percentages and dollar signs can feel overwhelming for any business. My job is to demystify them and empower you to take control of your finances. No judgement, no frills, no pressure: Impact Strategy CPA is dedicated to help Canadian business founders by creating personalized financial strategies that are unique to you and your company’s exact needs.
