Financial Literacy for Boards: Budget Overview and Financial Statements

This workshop will empower board members and executive directors to be able to ask meaningful questions about the financial statements and budgets.

Learning Objectives
- Know how to ensure the budget reflects the organization’s mission and strategic direction
- Know how to apply various budgeting techniques to monitor the organization’s activities
- Understand techniques to monitor the annual budget

Level
Introductory: For board members and executive directors to gain a clear understanding of the numbers and be able to assess the financial health of the organization.

Presenter
Leslie Oakes, PhD, is an Associate Professor at the Anderson Schools of Management, University of New Mexico.   She served as Assistant and then Associate Dean of ASM from 1997 to 2000.  Dr. Oakes has actively supported the nonprofit community for over five years, working with over 50 small and medium-sized nonprofits through the New Mexico Community Development Loan Fund where she taught a number of one-day seminars on financial management and met individually with organizations struggling with financial management.  Dr. Oakes has been a member of the Healthcare for the Homeless Finance Committee of the Board of Directors for two years, working with the organization to improve its cash budgeting and management.