About This Resource
This session was part of the 2022-2023 Get Audit & Credit Ready CE Series
This workshop helps participants better understand their organization’s financial health and trends through an orientation to financial statements, as well as an introduction to key metrics to measure financial health.
Key concepts include:
- Understanding GAAP financial statements and communicating financial results to relevant stakeholders
- The importance of net asset composition, liquidity, and leverage
- How to calculate key financial metrics
- The role of fiscal performance in ensuring organizational resilience
Good to know: This content is most relevant for nonprofit organizations; however, for-profit social enterprises are welcome to attend all sessions. Additionally, the sessions on internal controls, managing financial performance, and budgeting for full costs should be relevant to for-profit social enterprises as well.
Audience: This session is designed for CEOs, Executive Directors who do not have have senior finance staff; Finance Managers/Directors, Senior Accountants, CFOs.
Below is the session recording and accompanying materials
At BDO, we are providing middle market leaders with insight-driven perspectives and assurance, tax and advisory services, helping companies take business as usual to better than usual. To continue their critical work, nonprofits need to navigate challenges of their own: Budgetary constraints, complex federal funding, compliance, technology, donor stewardship and evolving constituent needs are only some of the hurdles they face. We tailor approaches to help organizations maintain a nonprofit heart and business mindset, so they can improve financial and operational health while expanding their impact.