Lawrenceburg, IN— Learn the basics of nonprofit accounting and finance at a free training sponsored by Interact for Health. “Nonprofit Finance for Non-Finance People” will be held from 9 a.m. to noon Tuesday, Oct. 22, at Ivy Tech Community College—Riverfront Campus, 50 Walnut St., Lawrenceburg, Indiana.
Workshop participants will learn the basics of nonprofit finance and accounting, including:
- What it means to be a nonprofit, including formation and tax-filing responsibilities.
- General accounting policies and terms such as basics of accounting, types of financial statements and financial categories.
- Reading nonprofit financial statements.
- Nonprofit accounting rules including determining if income is a contribution or exchange transaction, and contribution types such as unrestricted, restricted, conditional, pledges and in-kind.
- Basics of budget preparation with sample worksheets.
- Importance of internal controls.
- Need for policies and procedures manuals.
There is no charge for nonprofit agencies to attend this class. Representatives from for-profit agencies can attend at a cost of $200 per person. Continuing education units are available for certain groups. Register online by clicking here by Oct. 17.
The grant writing session in Dearborn County is one of several Learning Center workshops offered by Interact for Health throughout Greater Cincinnati this fall, with other sessions on grant writing and managing work relationships. For full details and to register, please visit https://www.interactforhealth.org/learning-center/.
