Basics of Financial Literacy for Boards
One of the foremost responsibilities of a nonprofit organization is financial management and oversight. Active oversight is essential to ensuring the organization’s financial sustainability, as well as proper stewardship of the organization’s assets and resources. This important duty—the duty of financial oversight—encompasses an array of responsibilities and requires a foundation in financial literacy.
Join Carolyn Barnett, CNE Board Member and Senior Business Banking Relationship Manager and Vice President at Wells Fargo, for this interactive workshop to develop a better understanding of financial terminology, financial statements, and how financial statements tell a story about an organization.
This session is designed for board members who require a basic understanding of finances to inform their strategic thinking. We ask that all groups bring financial statements from their home organizations to use in the activities, including an income statement, balance sheet, and (if available) a statement of cash flow and a statement of functional expense. (This information will not be shared.)
***This session is not intended to help you build these statements.***
This training is part of CNE’s Finance Academy developed in partnership with CFA Institute.
American Sign Language interpreters or other communication access accommodations are available upon request. Please submit any accommodations requests to Andrew Robinson, Program Manager, 434-951-9042 or firstname.lastname@example.org.
|When||Wednesday, February 26, 2020 9:00AM - 11:00AM|
|Where||Center for Nonprofit Excellence|
|Trainer||Carolyn Burnett, Wells Fargo|