Description
Learn the necessary steps to prepare for yearend reporting and ensure your organization is compliant with regulatory requirements.
Many nonprofit professionals in executive, fiscal, and development positions dread the end of their fiscal year. They are illprepared for audits, required regulatory filings, and preparing for the next fiscal year. Nonprofits are not exempt from the yearend requirements, both fiscal and calendar. If they are not prepared for their responsibilities at fiscal and calendar yearend, they could jeopardize their nonprofit status and the future sustainability of their organization. This presentation will provide the necessary steps to prepare for yearend reporting and ensure your organization is compliant with regulatory requirements, provide shareholders with meaningful financial information, and help with future fiscal year planning.
Date: 2024-04-30 Start Time: 1:00 PM ET End Time: 2:05 PM ET
Learning Objectives
* You will be able to define the difference between fiscal year end reporting and calendar year end reporting.
* You will be able to identify the necessary reporting requirements at the end of your fiscal year.
* You will be able to discuss the importance of proper fiscal management for your nonprofit organization and how it provides proper tools for transparency, accountability, and stewardship of funds.
* You will be able to explain how to be better prepared for the next fiscal year fiscal and development management.