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Financial Management for Nonprofit Organizations NPMA 1700

Non-profit Management Part-time Studies Course

Course details

This introductory course helps you apply financial management principles in a not-for-profit organization. It familiarizes the student with accounting essentials, the financial management cycle, budgeting, payroll, and reports and statements. You will explore regulatory compliance and issues specifically related to not-for-profits. Prior accounting knowledge is an asset, but not required. While some numerical competency is necessary together with basic spreadsheet abilities, this is not a course aimed at those wishing to embark on a career in accounting/finance, but rather a general manager hoping to gain basic fluency in fundamental principles of financial management.

Prerequisite(s)

  • No prerequisites are required for this course.

Credits

3.0

Not offered this term
This course is not offered this term through BCIT Part-time Studies. Please check back next term or subscribe to receive email updates.

Learning Outcomes

Upon successful completion of this course, the student will be able to:

  • Explain the duties and responsibilities of preparers and users of internal and external financial information in a not-for-profit organization.
  • Recommend appropriate financial information systems for internal and external audiences.
  • Discuss various approaches to budgeting in a not-for-profit organization.
  • Describe accounting and auditing standards (types of reports) issued by recognized bodies and associations.
  • Explain Federal and Provincial compliance requirements.
  • Apply the financial management process within a not-for-profit organization.
  • Explain the fiduciary responsibility of Directors.
  • Describe the importance of capital reserves to the long-term financial health of the organization.

Effective as of Winter 2018

Related Programs

Financial Management for Nonprofit Organizations (NPMA 1700) is offered as a part of the following programs:

School of Business + Media

  1. Marketing Management - Fundraising Management
    Associate Certificate Part-time
  2. Nonprofit Management
    Associate Certificate Part-time

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