Non-Profit Management: How to Read a Non-Profit Financial Statement - Online

This course will develop your ability to appropriately interpret the major financial accounting statements that are used by non-profit organizations. Ideally, you will gain an understanding of the types of financial statements that are used by non-profit organizations, and how they differ from for-profit financial reporting. Also, you should gain an appreciation of both the power and limitations of accounting information in assessing financial performance and decision-making. You will also learn the uses of financial statement analysis, or ratio analysis for non-profit organizations.

This is an asynchronous eLearning course that can be accessed 24/7 from any internet enabled computer.


Professionals working in the Non-Profit arena
Students will be able to:
  • Itemize the information in the income statement, balance sheet, and statement of cash flows for a non-profit company
  • Explain the important differences between accounting income and cash flow and between book value and market value
  • Describe the nature of business enterprises and non-profit organizations, as reflected by the statement of financial position
  • Define financial (ratio) analysis and explain its objectives and limitations
  • Identify the various categories of financial ratios used in non-profit analyses
  • Define and calculate the ratios within each category
Outline currently being developed.