Lunch & Learn: Understanding Non-Profit Organization Financial Statements
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Do you find Charity and NPO financial statements confusing? Join Bernie Zacharias, CPA, CA from Avisar CPAs as he walks you through a typical set ofnot-for-profit organization financial statements and helps to demystify some of the concepts and terminology of financial reporting in the NPO sector. You will learn to identify key areas of the financial statements so that you can better communicate with fellow board members and accounting staff on the financial performance of the organization. This session is intended for officers and directors of not-for-profit organizations who don’t have a strong finance background but is also a good refresher for those have been preparing or reading financial statements for a long time.
Come to this workshop and learn:
- Roles of directors in oversight of financial affairs
- Key differences between profit and not-for-profit accounting
- How to read the Statements of Financial Position, Operations, Net Assets and Cash Flows and Note disclosures
- Recognition of revenue by NFPOs
- Accounting for contributions – What is the difference between the Restricted Fund Method and the Deferral Method?
- Questions that Directors should ask
Cancellation Policy: Event payment is due upon registration. An event registration is considered a commitment to pay. No cancellations, refunds or credits after 12:00 pm on Wednesday, May 30, 2018.
Date and Time
Thursday May 31, 2018
12:00 PM - 1:30 PM PDT
Thursday, May 31, 2018
12:00 pm to 1:30 pm
Please bring your own lunch to enjoy!
The boardroom will be open at 11:30 am so feel free to come early to network.
Location
Greater Langley Chamber of Commerce Boardroom
(#207 - 8047 199 Street, Langley)
Fees/Admission
Members: $10.00 + GST
Non-Members: $15.00 + GST