Course Objectives

• Learn how to analyze financial statements including Statement of Financial Position and Statement of Operations
• Learn how to conduct a deep dive trend analysis comparing revenue, expenses, surpluses, net assets over 3 years
• Learn how to write a financial narrative that analyzes the organization’s financial status and position
• Learn which financial ratios and key performance indicators are used to analyze the Statement of Financial Position and Statement of Operations

See the course outline below for the list of lessons and takeaway tools.

Format

• 5 video lessons
• Approximately 2 hours of viewing time
• 3 resources / tools / guides including an Excel template
• You can take the course anytime and anywhere – all you need is an internet connection

Why take this course?

• Maybe you realize that your never received training on best practices in financial analysis and you don’t know which ratios or key performance indicators to use or how to run a financial trend analysis report; 
• Maybe you realize that an organization’s financial performance should be analyzed and that ratios and KPIs should be set to monitor future performance; 
• Maybe you didn’t even realize how important it is to set and monitor the financial performance of the organization beyond just looking at the bottom-line at the end of the fiscal year; 
• Maybe you realize that your accounting/finance team and management staff need to strengthen their knowledge in financial analysis; 
• Maybe you have sacrificed professional development dollars for program staff and now realize that you need professional development too!; 
• Maybe you’ve been trying to avoid any kind of training that resembles math because you didn’t do well in math when you were in school (join the club by the way, that’s how I felt!);

What is the curriculum?

Lessons

1. How to Develop a Semi-Annual Analysis “The deep dive report” (includes worksheet)
2. The Difference Between Ratios and Key Performance Indicators (KPIs), 
3. Setting S.M.A.R.T Ratios and Key Performance Indicators (KPIs)
4. Statement of Financial Position: Ratios and Key Performance Indicators (KPIs)
5. Statement of Operations: Ratios and Key Performance Indicators (KPIs) internal financial statements

Resources / Tools / Guides

1. Semi-Annual Financial Trend Analysis Excel
2. Ratios and KPIs for the Statement of Financial Position
3. Ratios and KPIs for the Statement of Operations

Oh…and you also get access to the lessons and the resources for one year from your enrolment date 🙂

Who is this program for?

• Nonprofit Leaders such as CEOs, Executive Director’s, Senior/Executive Finance Staff members of nonprofit and charitable organizations;
• Nonprofit Board Members, Finance and Audit Committee Members; 
• Leaders representing small to large nonprofit and charitable organizations;
• Increase Competency: Staff and Board members who want to strengthen their financial analysis skills. 
• Ready for growth: Staff and Board members that realize that they need to strengthen their financial leadership skills and more effectively and proactively strengthen the resilience of the organization; 
• Ready to change current practices: Leaders that are ready to learn new information and gain skills and apply what they have learned; 
• Increase confidence in their work: Nonprofit leaders that want to feel more confident in their financial analysis skills; 
• Certificate of Completion: Individuals that want a certificate of completion to show funders, donors and their board of director’s or their staff members that they have invested in themselves and their knowledge in nonprofit finance.

Read some of the testimonials below to hear what people think about the financial training provided by Goodcasting Academy.