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This course examines basic financial management. The course will clarify financial terms, concepts, and techniques, with particular emphasis on financial management in the not-for-profit sector. The course will review financial statement preparation and analysis, basics of accounting, long-term financial management, budget preparation and management, and cash flow management in Canadian not-for-profit organizations.


The goal of the course is to provide students with an introduction to the accounting and financial management functions within Canadian not-for-profit organizations. The intention is to develop skills at a management level, for general managers, who must oversee the finance function, and for department or program managers, who must interact with the finance manager.

Topics

  • Understand the roles and responsibilities of the various decision makers who contribute to the financial management of a not-for-profit organization.
  • Demonstrate the technical aspects of preparing the financial statements and related analyses for a not-for-profit organization.
  • Assess the financial stability of a not-for-profit organization through analysis of standard financial statements and related measurable outcomes.
  • Posses an understanding of the concepts of budgeting and forecasting.


Requirements

This course is only available for students registered in the Diploma in Not-for-Profit Management

Applies Towards the Following Certificates

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Type
In class
Days
F, Sa
Time
9:00AM to 4:00PM
Dates
Jan 17, 2020 to Jan 18, 2020
Schedule
Total Hours
14.0
Format

What to Expect

This is an interactive workshop, which may include lectures, group exercises, role-play and discussion. Come prepared to share your experiences, opinions and perspectives with the class. There are no exams, quizzes or homework!

Completion Requirements

To complete this course, active participation is required and participants must attend 100% of this course.

Textbook

No textbook required. All materials and handouts are provided.

Required