More about this session:
Name
                                    Understanding Financial Statements without Going Bald
                                        Date & Time
                                    Tuesday, October 26, 2021, 3:45 PM - 4:45 PM
                                        Speakers
                                    
                                
Description
                                    Don't be confused or frustrated by financial statements and terminology anymore. Nonprofit professionals must understand what they are reading, the nuances of finances, and interpreting meaning to make smart decisions. Plus, there is plenty of accounting humor to be included. Who said finances had to be boring!
From this session, attendees will: 
- Understand common finance terms
- The differences between cash and accrual accounting
- Need to know basics of General Accepted Accounting Principles
- Identify AND understand basic financial statements: Profit & Loss, Balance Sheet, Cash Flow Statement, Form 990 and more
- Know how to calculate ratios and actually understand what they mean for business decisions
This session is appropriate for nonprofit professionals of all skill levels with organizations of all sizes. Track: Operations
Location Name
                                    Room 170B
                                        Full Address
                                    Bayfront Convention Center
1 Sassafras Pier
Erie, PA 16507
United States
                                        1 Sassafras Pier
Erie, PA 16507
United States
Session Type
                                    In-person and virtual session option
                                        Virtual Session Link