About this event
Presented by Financial Stewardship Resources
Have you ever wondered what financial policies your nonprofi t should have in place? Do you wish you had templates to guide the development process and more opportunities to ask professionals your questions? This workshop is for you!
Formal written policies on financial management are key to the eff ective governing of your organization, its leaders, employees and volunteers. This workshop focuses on:
- The who, what, when, where, how, and why of developing and updating financial policies
- Policy differences between larger and smaller organizations
- Policy components and how to approach drafting effective financial policies
- Identification of essential financial policies
- Red flags that shouldn’t be ignored
- Personal liability issues associated with an organization’s finances
- What to do if you suspect and/or discover irregularities in your organization’s financial records
- Having an opportunity to ask questions
Our presentation will also include templates and the hands-on drafting of several key financial policies. This will allow you to experience the process of analyzing and preparing a policy document for:
- An Internal Control Policy
- A Travel Reimbursement Policy (required by the IRS)
- A policy for the use of debit and credit cards
By attending this important training, you will be able to guide your nonprofi t organization’s development and updating of financial policies.
About Financial Stewardship Resources
Financial Stewardship Resources, Inc. (FSR) is a 501(c)(3) nonprofit organization that educates and empowers nonprofit board members in sound financial, administrative and organizational stewardship.
Financial Stewardship Resource instructors are specialists in their fields and can help nonprofit board members to become effective stewards of financial, administrative and organizational resources. Our programs often include speakers from the Oregon Attorney General office (Oregon Department of Justice) and Internal Revenue Service (Tax Exempt Organization Division).