Basic Accounting for Nonprofit Organizations 2024: What Lawyers Need to Know

Why You Should Attend

An understanding of basic nonprofit accounting principles, financial statements and best practices is critical for anyone who either represents a nonprofit organization or has financial/management responsibilities within one. By participating in “Basic Accounting for Nonprofit Organizations” you will learn about fundamental accounting concepts that lawyers who represent nonprofit organizations and nonprofit managers and board members must understand to ensure compliance, transparency, and best practices.

What You Will Learn

After completing this program, participants will be able to:

·     Understand and apply basic accounting concepts for nonprofit organizations

·     Identify the “red flags” that Board members and nonprofit officers and managers need to watch for

·     Recognize the situations when you need to call outside help

·     Apply lessons learned: What nonprofit professionals and Board members wish they had known and understood about financial concepts

Who Should Attend

This program is designed for all lawyers who either represent, or have financial responsibilities within, nonprofit organizations, as well as nonprofit board members, managers, and related professionals who need a basic understanding of the relevant accounting principles.

Special Feature: Earn CPE credit

Program Level: Basic

Intended Audience: Attorneys and related professionals who need a basic understanding of the accounting concepts that apply to nonprofit organizations.

Prerequisites: None

Advanced Preparation: None