BUS 355 - Financial Management for Non-profit Institutions

3 credits (PREREQUISITES: BUS 101 or BUS 107, BUS 265, ENG 101)

This course will provide an overview of the skills required for financial planning and management of a nonprofit organization. Preparation and use of budgets and financial reports will be covered. Compliance with reporting requirements of government agencies and funding sources will also be addressed. Interpretation of financial reports and audit results will be discussed as well as how to safeguard assets, manage resources, and ensure financial solvency with adequate cash flow. (F, Sp)