Financial Management for Nonprofit Organizations
NPM6120 / 3 q.h.
Formerly NPM 3120.
Introduces students to the major financial management concepts and techniques required for effective management of nonprofit organizations. Managing one’s budget well is an essential skill for the nonprofit manager because the organization’s core mission cannot be served if the financial health of the organization is in jeopardy. Offers students an opportunity to learn about nonprofit accounting, budget management, revenue forecasting, financial statements and reports, tax issues, grant compliance, internal expenditure control, audits, cash flow management, long-term financial planning, endowment management, and capital financing.
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