Nonprofit Finance for Non-Finance People (Virtual)

Tuesday, Oct. 20, 2020
9 a.m.-noon

Many nonprofit executives and board members rise through the ranks from direct service providers or other outside industries and have little or no financial or accounting training. They are now expected to prepare, manage or review financial statements, budgets and grant reports. Even those coming from business management typically do not have training in the unique aspects of nonprofit financials and accounting.

This class covers the basics of nonprofit finances, including:

What it means to be a nonprofit, including formation and tax-filing responsibilities.
General accounting policies and terms such as basics of accounting, types of financial statements and financial categories.
Reading nonprofit financial statements.
Nonprofit accounting rules including determining if income is a contribution or exchange transaction, and contribution types such as unrestricted, restricted, conditional, pledges and in-kind.
Basics of budget preparation with sample worksheets.
Importance of internal controls.
Need for policies and procedures manuals.

Nonprofit Rate: Costs for this class are fully subsidized by Interact for Health for nonprofit agencies. There is no charge to attend this class.
Market Rate (applies to for-profit agencies): $200 per person

*LIMITED NUMBER OF REGISTRATIONS AVAILABLE*

Cancellation Policy

Participants who register for the class and do not attend or offer a replacement will be charged a $150 cancellation fee. Participants who cancel their registration on or before 5 p.m. EDT Tuesday Oct. 13, 2020, will have the fee waived. To cancel a registration for the class, please e-mail rmckinney@interactforhealth.org or call 513-458-6632.

REGISTRATION CLOSES OCT. 13, 2020

Presenter

Julia Kyser has her own CPA practice performing accounting and consulting services for nonprofit organizations. She serves as the contract accountant/Chief Financial Officer for approximately 25 organizations performing services ranging from annual to biweekly assistance. Her duties vary by client but include bookkeeping, recording journal entries for items such as payroll and accrual adjustments, month-end reconciliation and closing procedures, financial reporting, grant reporting, audit preparation, budgeting, drafting policies and evaluating internal controls, and communicating with management and boards of directors. Prior to this venture, Julia spent 13 years in public accounting, specializing in the nonprofit area. She earned a bachelor of science in accountancy from Miami University in Oxford, Ohio.

Important Notice about Continuing Education Units (CEUs):

Ohio chemical dependency counselors and prevention specialists: This program has been approved to offer Continuing Education Units by the State of Ohio Chemical Dependency Professionals Board. Approved Provider # 50-17807

Certified health education specialists: This program has been approved to offer Continuing Education Contact Hours by The National Commission for Health Education Credentialing, Inc. Multiple Event Provider # 101535.

After program completion, program attendees who requested CEUs will be emailed a certificate of attendance noting CEUs awarded.

For more information about continuing education, please contact Rachel McKinney at 513-458-6632 or rmckinney@interactforhealth.org.