Financial Management in Nonprofit

Catalog description

This course offers a comprehensive study of nonprofit financial management practices, focusing on interpreting key financial statements to monitor an organization’s financial health. Students explore nonprofit finance topics including fund accounting, financial analysis, budgeting processes, and financial controls essential for safeguarding assets and ensuring fiscal sustainability. The course prepares nonprofit leaders, executives, and board members to analyze financial reports, assess funding sources, and apply sound financial policies to support the organization's mission and strategic goals. Emphasis is placed on using financial data to guide decision-making, maintain cash flow, manage functional expenses, and promote financial accountability throughout the entire organization.