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Basics of Nonprofit Financial Statements

February 28, 2023 @ 1:00 pm - 2:00 pmCST

Free

For some, financial statements feel like they are written in a different language. Liabilities? Cash flows? Change in Net Assets? What do they all mean, and why are they important? Join us for Basics of Nonprofit Financial Statements for an introduction on how to crack the code on the reports that the accounting department delivers.

  • Identify the structure and composition of compiled nonprofit financial statements
  • Define account groups and how they are important to the overall structure of the organization
  • Contrast the differences between various bases of accounting
  • Utilize assorted metrics to determine the health of an organization

Presenter

James Conrad, CNAP, joined Wegner CPAs in 2020 after several years of working with Madison area nonprofit organizations. He has experience with a wide range of human service providers and religious denominations.

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Wegner CPAs is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.