Finance Masterclass for the Non-Profit Accountant (open enrolment program information)

About this course

This open attendance Finance Masterclass for the Nonprofit Accountant is different than the other Finance Masterclass program – learn about the open attendance advantages below.

Open Attendance Format Advantages:

No more waiting: Want to start the program immediately? Don’t want to wait for the scheduled program to begin? Great, there are no scheduled cohorts, you can to start the program immediately after your application and registration is processed
True On -Demand Learning: 100% on-demand and self-paced
No rushing: Don’t want to be rushed to take the program in a specific time-frame, no worries, take it at your own pace, you have up to 1 year to complete it and if you need more time you can always renew at a nominal fee.
No live sessions: Have a busy schedule, don’t want to meet with a group at a scheduled time each week? No worries, there is no group cohort and there are no live sessions in the open attendance format.

You still get all the great parts of the Finance Masterclass for the Nonprofit Accountant: The online training program, 23 resources/tools, and one-year access to the videos and resources.

And you still get the bonus… additional 10 months in the Finance Thrive Community where you can continue to have access to the videos and resources and participate in additional webinars to support you in implementing what you learned and to inspire you with additional bonus resources and tools.

Description

Course Purpose

The purpose of the course is to equip nonprofit Executive Directors, CEOs and management staff with the finance knowledge, skills and practical tools and templates that will strengthen their finance leadership skills.

Nonprofit leaders will feel more confident and equipped to contribute to and develop financial strategies to strengthen the resilience of the organization, department or program; to understand budgets, budgeting and oversight of budgets and how to integrate strategy with finance to strengthen the organization, department and/or programs

See the course outline below for the list of modules, lessons and topics.

Format

Online self-paced course, start anytime, no cohorts
Two components: the Finance Masterclass lessons and takeaways (estimated to take 8 weeks to complete), plus membership for 10 months in the Finance Thrive Community where you continue to access the lessons and takeaways as well as additional learning opportunities and bonus materials
Take up to a year to complete the Finance Masterclass program
Finance Masterclass for Nonprofit Leaders: 3 modules and 20 lessons
Lessons consist of a series of short videos
There are a few short quizzes
Modules include 23 takeaway tools such as templates, guides and checklists
Ask questions to the course instructor in the group page during the first 8 weeks
You can take the course anytime and anywhere – all you need is an internet connection

Why take this course?

You prefer to take the program on your own and at your own pace.
Maybe you were placed in a leadership role or a finance position without enough training in finance.
Maybe you have sacrificed professional development dollars for program staff and now realize that you need professional development too!
Maybe you thought you could leave it to the Director of Finance to figure out for you…
Maybe you’ve been trying to avoid any kind of training that resembles math because you didn’t do well in math when you were in school (join the club by the way, that’s how I felt!)

What is the curriculum?

Module 1: Foundations in Finance

Learn about the finance responsibilities and functions of the board (Governance Finance)
Learn the best practices and the role of the finance and audit committees including a suggested work plan
Learn the role of the CEO / Executive Director and non-finance positions in finance
Learn the role scope of the bookkeeper, accountant and finance functions
Learn about the audit, the role of the auditor and the type of communications from the auditor
Learn about the benefits of automating bookkeeping and accounting functions
Learn about the Accounting Standards for Nonprofit Organizations including accounting terms and audited financial statement presentation methods
Learn how to read and understand financial statements
Learn the best practices in internal financial statement reporting
Learn best practices in internal financial statements

Module 2: Financial Planning and Analysis

Learn how to analyze financial statements
Learn about the nonprofit business model and how to analyze and optimize it
Learn best practices in budgeting and costing and the role of the non-finance manager in finance
Learn best practices in the preparation of the proposed draft annual budget
Learn about cash flow forecasting, costing, and scenario planning
Learn about financial ratios and key performance indicators
Learn how to conduct a semi-annual financial trend analysis (the ‘deep dive’ trend report) comparing revenue, expenses, surpluses, net assets over 3+ years
Learn how to write a financial narrative that summarizes the financial statements, and that summarizes the state of the organizaiton’s business model

Module 3: Strategic Finance

Learn how to integrate finance with the strategic planning and annual budgeting process
Learn how to develop a reserve strategy including the reserve policy and procedure
Understand effective restructuring techniques
Learn how to integrate financial planning with strategic planning
Learn how to develop a financial plan for the organization

Oh…and you also get access to the lessons and the resources for one year from your enrolment date 🙂

Who is this program for?

Leaders such as CEOs, Executive Director’s, Directors of Operations, Directors of Finance of nonprofit and charitable organizations
Leaders representing small to large nonprofit and charitable organizations
Ready for growth: Most participants, but not all, are either CEOs/Executive Director’s or non-finance management staff that received little to no finance training but now they are in a leadership position and realize that they need to strengthen their financial leadership skills.
Ready to Expand their knowledge: Many participants are nonprofit CEOs/EDs, and Finance Directors that have experience with accounting and bookkeeping but need to strengthen their finance leadership skills
Confident and Satisfied: Nonprofit Finance participants are thrilled that someone like them developed a nonprofit finance masterclass specifically for them and can’t wait to get started
Certificate: Individuals that want a certificate of completion to show funders, donors and their board of director’s or their Executive Director that they have invested in themselves and their knowledge in nonprofit finance

Read some of the testimonials below to hear what people think about the Finance Masterclass for Nonprofit Leaders!

$1,250 + Tax

Includes

Start anytime
Online self-paced course
No cohort groups, take it on your own pace
3 modules, 20 lessons
23 takeaway tools
AND you get access to these videos and materials for one (1) full year from the date of your enrolment date
Emails to the instructor (see “Format” for details)

PLUS THIS BONUS:

Finance Thrive Community

The program is based on an 8-week structure plus an additional 10 months of additional resources and information.
While it is based on an 8-week recommended timeline you can take up to a year to complete the program.
At the end of the 8-week period you receive 10 additional months of learning opportunities, webinars, live online Ask an Expert Anything Sessions and bonus resources in the Finance Thrive Community
You can renew your membership to continue to access the lessons and takeaway tools at the end of the one-year period