Budgeting Considerations for Not-for-Profits (AC)

Provides examples and a case study to help you turn budgeting into a positive planning process that can help your non-profit achieve its strategic goals and increase accountability in the budgeting process.

OBJECTIVE:
Budgeting can be more than just an annual exercise of putting numbers in columns. It has the potential to establish benchmarks, measure the organization's financial health from one year to the next, and determine priorities. It is intended to be a planning tool that reflects a not-for-profit organization's programs, mission and strategic plan. 

This course offers you detail-rich examples and a case study that will help you turn budgeting into a positive planning process that can help your not-for-profit achieve its strategic goals and increase accountability in the budgeting process. 

Included in the course resources is a downloadable budget worksheet template in Microsoft Excel, which you can customize for your organization. 

LEARNING OUTCOME: 
By the end of this course, participants should be able to: 

  • Budgeting pitfalls 
  • Budget planning and consensus-building strategies 
  • Diversification of revenue streams 
  • Grants management 
  • Creating an operating reserve
  • Cash flow concerns 

CONTENT:
The topics in this seminar include: 

  • Recognize steps to build a realistic and controllable budget 
  • Differentiate between various types of revenue sources available to NFPs 
  • Determine the impact of revenues subject to donor-imposed restrictions on budgeting and cash flow 
  • Recognize common issues that arise during the budgeting process
  • Determine ways to increase accountability in an NFP's budgeting process 

APPLICABLE FOR: 
Anyone interested in budgeting in the non-profit sector. 

WHAT TO EXPECT: 

  • After registering for the on-demand course, you will receive an email from Bridge (AICPA) with your login information within two business days. 
  • You will be required to sign into Bridge to access your course. To create a password for your Bridge account, use the forgot password link. The email from Bridge may take a few minutes to arrive. Please also check your junk folder.
  • You will have 180 days after registration to complete the course.  
  • This self-study course allows the user to save their progress and return to continue later.  
When
4/1/2024 - 3/31/2025
Where
On Demand
Event Code
AC2408
Estimated CPD Hours
2
Format
On Demand
Passport Credits
4
Estimated Ethic Hours
Competency
Management Accounting
Price
105.00
Estimated Licence Hours
Course Level

Personal Passport Eligibility

Corporate Passport Eligibility

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