Instructor - PA 3003 Nonprofit and Public Financial Management

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This is an introductory course designed for students who have some background in financial analysis but wish to gain a clearer understanding of managing the finances for a public/non-profit organization. The primary objective of this course is to help you make sense of and use financial information available from financial documents such as budgets, balance sheets, and activity statements, among others. We will use conceptual frameworks and analytical techniques to analyze real-world financial problems. By the end of this course, you will understand the important concepts required for managing the finances of nonprofit/public organizations.

By the end of the course, students will be able to:

1. Identify aspects of financial management as an integral part of nonprofit/public management
2. Define basic terminology and skills required in budgeting and accounting
3. Develop the capability to perform basic budget and financial analysis of nonprofit/public organizations
4. Analyze and prepare financial documents such as budgets, balance sheets, activity statements, cash flow statements, annual financial reports etc.
5. Compare various scenarios and recommend the one with best financial outcomes.
6. Improve communication and writing skills regarding financial matters.