The Bottom Line is designed for non-financially-oriented individuals, employees with new budgeting responsibilities, or people who are just looking to broaden their scope of knowledge. You will start the day by learning or reviewing the basics of financial information and going over key terms and concepts so that the next time someone is talking about finances, you'll know what they're talking about instead of having your eyes glaze over. By the end of the morning you'll feel comfortable throwing around terms like revenue, accrual accounting, and cash flow.
Then you get to put your financial acumen to the test! Through the fun of a traditional board game, you will apply concepts like budget and risk management, financial reporting, and decision making. Working with a team of fellow program attendees, you'll take on the staff roles for a fictitious association. The game will take you through one year in the financial life of this organization, and with each turn you'll make decisions and deal with the financial implications of your actions (or inaction). At the end of the day you'll leave with a more tangible understanding of the financial terms and concepts that are essential to nonprofit management.
Even if you're not a "numbers" person, this program will allay your fears and allow you to shine in a room full of financial stars.
Time: Registration begins at 8:30 a.m.; program from 9:00 a.m.–4:30 p.m.
The Bottom Line is also available as a half-day program.
This program is customizable for staff and board trainings. For more information, please contact Sharon Rauch at [email protected].