Financial Management Webinars
Whether you are in Minneapolis or Moorhead, across town or across the country, our online trainings and tools can help you develop and hone your financial management skills.
We adapted our curriculum specifically for online learning. The webinars use the same practical examples and common sense language as our traditional workshops, as well as some features that are customized for the interactive, online format. Learn about cash flow or enhance your board's financial oversight online with timely, convenient access.
Please note that you will need a telephone and a computer with a flash player to participate in the webinars.
Webinar Topics
Projecting and Managing Cash Flow
While standard nonprofit financial reports - the budget, income
statement and balance sheet - provide important management information,
these statements alone do not tell whether there is enough cash on hand
to pay for an unexpected heating repair, to take on a new program
opportunity, or even to cover payroll next month. For this, effective
cash flow management is essential.
In this webinar, you will learn to create accurate and useful cash flow
projections. We will review the cash flow considerations for different
types of income and expenses, and then discuss how to avoid and manage
cash flow problems. By the end of the session, you will have worked
through an example cash flow projection and will be ready to download
our cash flow template and begin managing cash flow at your
organization.
Financial Clarity for Nonprofit Boards
As a nonprofit board member, you are ultimately responsible for the
financial health of your organization. You must first understand your
financial situation in order to make informed decisions and provide
strategic leadership. This is especially important now, when
organizational leaders must be prepared to assess and pursue new
financial strategies in response to the recession.
In this webinar, you will begin by reviewing basic nonprofit financial
reports and terminology. You will then learn to interpret financial
information in context, and learn strategies to effectively participate
in financial discussions and decisions. By the end of the session, you
will have a working knowledge of the nonprofit income statement and
balance sheet and will understand your financial leadership roles and
responsibilities.
Financial Policies for Internal Control
The security, viability, and reputation of your entire organization depends on the integrity of your financial management practices. This webinar will help you develop sound financial policies and effective internal controls. Learn to assess challenges and risks, and discuss how to share responsibility and authority within your organization. You will download sample board and management policies and learn how to customize them for your organization.
Build a Better Budget
Your annual budget is your financial roadmap. In this webinar, learn to create an effective budget process that will get everyone involved and ensure that your budget document reflects your organization's mission, strategic plan, and programmatic priorities for the upcoming year. We will walk you through our 10-step budgeting checklist and discuss practical steps you can implement at your organization. This webinar is an introduction to budgeting and is designed for those who are leading the process for the first time or anyone looking to expand their current budgeting practices.
Register