Financial reports can provide invaluable insight into the health and needs of nonprofit organizations, but many staff and Board members lack the experience or training necessary to fully understand and utilize the information that they provide. That is why financial literacy is one of the most critical competencies for nonprofit leaders to gain, allowing them to communicate critical information and make informed and timely decisions. This workshop will cover some of the most critical elements of financial literacy and management, including:

• 
  

  Evaluating the effectiveness and compliance of your accounting procedures

  
  


• 
  

  Establishing a financial review process

  
  


• 
  

  Reading and understanding financial statements

  
  


• 
  

  Preparing and reading a 990

  
  


• 
  

  Communication financial information to key stakeholders