If you are a nonprofit board treasurer or finance committee member or just want to round-out your understanding of nonprofit financial stuff (you know, as part of beefing-up your ability to do your fiduciary duty) then take a moment and check-out this free webinar. Also, if you go, let me know how it was.
Nonprofit Accounting Myths Busted
Wed, Mar 02, 2016 at 1pm EDT / 10am PDT
The current season of Discovery’s Mythbusters will be its last. To bid farewell to this iconic television series which has aligned so well with the goal of many nonprofits to encourage Science, Technology, Engineering, and Mathematics (STEM) careers, I brazenly "borrow" their format to clear up common misconceptions about nonprofit accounting. Accounting myths we will explore include:
- The purpose of an audit is to uncover fraud
- Accounting is an exact science
- A surplus means a nonprofit is in good financial condition
You will take away from this presentation a better understanding of what accountants and auditors do, how their work relates to your mission, and how to read financial reports. You will be a more informed consumer of accounting services.