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How to Read and Understand Nonprofit Financial Statements
 Online and on-demand lessons and tools
Summary
Course Purpose and OutcomesÂ
Build confidence, gain skills and knowledge, and access tools:
Course Purpose
- Learn about the Accounting Standards for Not-for-Profit Organizations (ASNPO) including accounting terms and audited financial statement presentation methods;
- Learn accounting terminology;
- Learn how to read and understand financial statements including:Â the Statement of Financial Position, Statement of Operations / Statement of Revenue and Expenditures, Statement of Changes in Net Assets, Statement of Cash Flows
- Learn best practices in internal financial statement reporting.
See the course outline below for the list of lessons and takeaway tools.
Format
- 10 video lessons
- 5 hours viewing time
- 4 resources including one (1) Excel template Statement of OperationsÂ
- Online self-paced videos
- You can take the course anytime and anywhere – all you need is an internet connection
Why take this course?
- Maybe you were placed in a leadership role or a finance position without training on how to read and understand financial statements.
- Maybe you are unclear what some of the accounting terms meanÂ
- Maybe you didn’t know that the non-profit sector is governed by a specific set of accounting standards (Accounting Standards for Not-for-Profit Organizations – ASNPO)
- Maybe you have not received training on what the best practices of the format of the internal Statement of Operations is
- Maybe you feel that the accounting statements produced by the accountant are too hard to understand
- Maybe  thought you could leave it to the Director of Finance to figure out for you…
- Maybe you have sacrificed professional development dollars for front-line staff and now realize that you need professional development too!
- 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!)
- Maybe you realize that you can no longer avoid learning how to read and understand financial statements
- Maybe you heard how Betty makes finance easy to learn and understand. 🙂
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Who is this program for?
- Nonprofit Staff and Board Members such as CEOs, Executive Director’s, Senior Management, Operations and Finance Staff, Non-Finance Staff Members, Board Members, Finance Committee Members
- Leaders representing small to large nonprofit and charitable organizations
- Ready to Expand their knowledge: Board and Staff leaders that received little to no finance training but now they are in a leadership positioning realize that hey need to understand how to read and understand nonprofit financial statements
- Confident and Satisfied: Nonprofit leaders that want to feel more confident in understanding how to read financial statements
- 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
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All the content and none of the stress
In the this program and you’ll gain confidence, skills, resources and knowledge in nonprofit finance.
ENROLL NOW
In The Next 2 Months, You Could…
- Finally feel more confident in reading and understanding nonprofit financial statements
- Receive quality training from five-star rated instructors
- Access takeaway tools to help you hit the ground running!
NON-CERTIFICATE PROGRAM
Nonprofit Finance Training
You Are Ready ?
This is an online and on-demand training program designed to provide Canadian nonprofit leaders with increased skills and confidence in reading and understanding nonprofit financial statements. This program includes:
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On-demand self-paced lessons
-
 10 video lessons - approximately five hours of trainingÂ
-
4Â takeaway tools
- One-year access
What's the Curriculum?Â
Curriculum
Lessons
- Learn the difference between Public Sector Accounting Standards (PSAB) and Accounting Standards for Not-for-Profit Organizations (ASNPO)
- Understand the Revenue Recognition Methods
- Other Essentials Accounting Standards for Not-for-Profit Organizations (ASNPO)
- Understand the Different Statement Presentation Choices: Fund and No-FundÂ
- Accounting Terms Demystified
- How to Read and Understand the Statement of Financial Position (Balance Sheet)
- How to Read and Understand the Statement of Operations / Statement of Revenue and Expenditures (Income Statement, P&L)Â
- How to Read and Understand the Statement of Changes in Net AssetsÂ
- How to Read and Understand the Statement of Cash FlowsÂ
- Best Practices in Internal Financial Statement Reporting
Resources – Tools – Excel Templates
- Cheat Sheet: Audited Financial Statements
- Guide: Best Practices in Internal Financial Statement Reporting
- CPA Canada: A Guide to Financial Statements for Not-for-Profit OrganizationsÂ
- Excel Template and Example: Statement of Operations
Oh…and you also get access to the lessons and the resources for one year from your enrolment date 🙂
This Training Program Is For You If...
- This program is only available for staff and board members of Canadian nonprofit organizations.
- You are not ready to take a full masterclass program just yetÂ
- You want to increase your confidence and skills in reading and understanding nonprofit financial statements
- You feel that you were placed in a leadership role or a finance position without enough training in finance.
- You feel that you have sacrificed professional development dollars for other staff and now realize that you need professional development too!
- You want to feel more confident when speaking about nonprofit finance.
- You want to ensure that you have the training. you need to strengthen your capabilities in finance.Â
Executive Director, Evangel Hall Mission - ehm
Ainsley Chapman
The course was one of the single highest value training I've received in my leadership career. It shifted how I think about financial planning, and also provided ample tools I could use to apply this thinking. It allowed me to think across departments, and build capacity of departmental leaders/managers. It enabled me to plan 3-5 years ahead, not just annually. It increased my confidence and ability to meet with the finance committee of the board, and work as a team.
"The Finance Masterclass should be mandatory for all Executive Directors, CEOs and Finance Directors. I wish I had taken it 20 years ago!"
- Janet McCrimmon
CEO, Strides Toronto
"Â I am so pleased to begin the implementation of all that I have learned.
I highly recommend this program for all ED's and Finance Officers in the non-profit sector. It's life changing!"
- Roslynn BairdÂ
Executive Director, Indigenous Diabetes Health Circle
"You will not find a more relevant finance training for nonprofits!
Betty is so knowledgeable and the tools and resources are invaluable."
-Â Gemma Dunn
Executive Director, ECVO
How to Read and Understand Nonprofit Financial Statements
Not ready for a full masterclass but want to strengthen your ability to read and understand nonprofit statements? This is the program for you. Click below to learn more.
$299.00 CAD
Register Now
Ready to strengthen your knowledge, skills and boost your confidence in nonprofit finance?
- On-demand self-paced lessons
- 10 video lessons - approximately five hours of training
- 4Â takeaway tools
- One-year access
Additional Training and Resources
Finance Masterclass for Nonprofit LeadersÂ
This certificate-based program includes on-demand lessons, 23 tools and 14 additional tools from ToolBox TWO.
Nonprofit Finance Tools:Â
ToolBox ONE
Receive just the tools from the Finance Masterclass for Nonprofit Leaders - 23 takeaway tools and resources in total!
Nonprofit Finance Tools:Â
ToolBox TWO
Receive 14 premium non-profit finance takeaway tools and resources.
No lessons, just the tools!
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