Financial Management Within the Nonprofit Sector, Parts 1 & 2

The UW-Milwaukee School of Continuing Education is offering “Financial Management Within the Nonprofit Sector, Parts 1 & 2”:

“While some people shy away from supposedly ‘boring’ numbers, budgeting is a central management tool for overseeing an agency’s activities. Learn the essentials of financial management techniques that can be an extremely valuable aspect of organizational leadership.

Benefits and Learning Outcomes

• Overview the financial management systems important to your nonprofit organization
• Identify critical budgeting, accounting and control system terms and concepts for fundamental financial management
• Learn financial principles to strengthen your nonprofit organization’s allocation opportunities
• Examine your current capital cycle and explore possible improvements

Course Outline/Topics

Part 1: Analyze the principles of financial management for nonprofits. Learn to apply the fundamentals of accounting, budgeting processes, cash flow analysis, expenditure control, long-range financial planning, audits, grants and contracts to nonprofits.

Part 2: Study budgeting and planning, tax issues and internal/external reporting requirements for financial management.“