At Financial Technologies & Management, we offer nonprofit financial management training to our clients and to better educate the communities we serve. We have been helping nonprofits to save time and make sound decisions with nonprofit accounting solutions since 1999. Our nonprofit accounting solutions provide financial management training and tools that focus on best practices, so you can lead and better serve your nonprofit. Successful nonprofits start with strong nonprofit accounting and planning. This is why at Financial Technologies & Management we offer many targeted financial management training areas from CFO training to nonprofit accounting training. Our nonprofit financial management training allows you to enhance your accounting skills to make sound decisions.
FTM Nonprofit Forum on July 29, 2020 – Best Practices for Financial Policies and Procedures
July 29 @ 11:30 am - 1:00 pmFree
The board and finance committee’s responsibility includes that financial policies and procedures exist and are followed by the organization. Management has usually delegated the responsibility to develop and maintain financial policies and procedures with little direction or guidance from the board and finance committee. The board and finance committee is usually consumed by other financial matters like budgets, audits, financial statements, and cash flow.
Financial Policies and procedures help sustain and strengthen your organization by providing the following to your organization:
• How the accounting function is performed including transaction processing like accounts payable, account receivable, payroll, journal entries, and grants and program management?
• What authorization and custody controls exist to reduce financial risks and protect the organization?
• What environment and culture exist for your organization, how is authority defined, and what external influences exist?
• How does your accounting system help you implement your financial policies and procedures?
• What segregation of duties and controls exists to detect or prevent accidental or intentional mistakes?
• What training do you provide to ensure competence and knowledge of accounting staff?
It is important for your major transaction processing like accounts payable, accounts receivable, payroll, and general ledger transactions that you evaluate best practices. This is important as you need to evaluate costs versus benefits received for each transaction process.
If it has been a while since you reviewed and improved your financial policies and procedures, we can help you develop and update your financial policies and procedures. An organization with good financial policies and procedures benefits from operating efficiencies, clear expectations, financial accountability, and trai
Nonprofit Accounting Training to Compliance Training
Whether you are the CFO or nonprofit staff, our tools help you achieve your goals with stronger nonprofit financial management training. We provide all levels of nonprofit financial management training that can benefit all nonprofit accounting staff. Staff can benefit by taking our nonprofit financial management training courses or online. At Financial Technologies & Management we also offer courses, articles, newsletters and webcasts to boost your staff’s competency in the area of nonprofit accounting and software. Our mentors are knowledgeable and qualified financial management trainers that cover every aspect of nonprofit financial management.
Call Financial Technologies & Management in Indianapolis, IN, at (317) 819-0780 to learn more about our nonprofit accounting solutions. Also specializing in nonprofit accounting software, we can offer software training to help you better utilize your accounting software.
MIP Fund Accounting User Group Meetings
Financial Technologies & Management’s Jim Simpson will be hosting monthly Nonprofit Forums and MIP Fund Accounting user group meetings. All nonprofits are welcome to join our FREE monthly nonprofit forum. There is no charge for the Nonprofit Forum, but registration is required. Our forum topics include all areas of essential financial management training.
The first Nonprofit Forum and MIP User Group was held during April, 2000. We continue to educate and give back to the communities we serve.
Contact us today and review our event and training calendar to learn more about our training opportunities.