Finance 101

By January 16, 2018 No Comments

This course is an introduction to understanding financial statements.  We will review the Balance Sheet and Profit and Loss Statements as well as defining key concepts such as cash vs. accrual, restricted and unrestricted funds, and cost allocation.  Once the Financial Statements are reviewed, we will discuss Board Financial Policies and the role of the Finance committee -what they are, and why they are important.  Lastly we will review the difference between financial management and financial leadership and the importance of striving for financial sustainability.