Reading Nonprofit Financial Statements

Tom Blaney and Chris Petermann will review nonprofit financial statements. This presentation will include an overview of: most used financial reports, financial report requirements, what an audit is, components of an audit (opinion letter, financial report, notes, management letter), three levels of a financial report, and an explanation of restricted assets.

Organization Type
Foundations, Nonprofit Organizations
Financial Management
Job Type
Accounting, Board, Business Office, CFO, Executive, Grants
Solution Focus
Financial Aid Management, Grantmaking
Knowledge Level
Basic: 0-1 years of experience with the topic/product; looking for a basic introduction, Advanced: 3+ years of experience with the topic/product; well-versed in all functions‚ looking to learn complexities and new trends, Intermediate: 1-3 years of experience with the topic/product; comfortable with basic functions; looking to dive deeper