Course Description:
In order for a nonprofit budget to be effective and useful, it should be based on your organization’s strategy and goals. Does it have to balance? NO! During this webinar, we will walk you through several different budgeting scenarios along with highlighting best practices for turning your budgets into meaningful and effective financial tools. We will break down organization budgeting as a whole, discussing areas such as programs, administrative, fundraising and grants. We will also speak to how your budget works with recorded transactions and how to ensure they are aligned. To top it off, we will show you the technologies that can automate budgeting to take out the manual spreadsheets and also provide you with some additional ideas on what to incorporate into your overall budgeting process.

Learning Objectives: 

• Discuss how to be intentional with your budgeting.
• Analyze processes for budgeting your organization as whole as well as individual departments/programs/etc.
• Compare budgeted amounts with actual recorded transactions.
• Assess technology to automate budgeting, reducing errors and increasing efficiencies.

Presenters:
Beth Farley, CPA, CGMA, Partner | Eide Bailly
Beth is an experienced accountant who specializes in nonprofits, churches, governments, contractors and small businesses. She works with her clients to make sure they understand their financials and develop tools that strengthen their business or organization. Beth prides herself in making sure clients receive professional service and valuable information.

Dustin Wheeler, CPA, National BOS Senior Manager | Eide Bailly
Dustin specializes in helping clients implement technologies that automate and enhance their accounting systems, including expense management, accounts payable, workflow, reporting, business intelligence and cash flow forecasting. His broad experience in tax, audit and consulting helps him to identify innovative opportunities across service lines through collaboration with the right people.

Jackie Brooks, CPA, Outsourced Accounting Manager| Eide Bailly
Jackie helps our clients with strategic solutions to reach their goals. She does this by matching clients with new technology specific to their strategic business goals. She provides business leaders with accurate, timely, and easy to understand financial information so leaders can do what they do best: develop their business. Overall, Jackie is known among the team as someone who takes the time to understand her clients’ business, their drivers and processes---really digging deep into what makes an organization tick.

CPE Information
CPE Credit: 1
Field of Study: Accounting
Level of Knowledge: Basic
Delivery Method: Group-Internet Based

Additional Information: This is a Group-Internet Based Webinar. No prerequisites or advanced preparation required. For information regarding refund, complaint and program cancellation policies, please contact Amy DeGeorge.