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NPMA 1700 - Financial Management for Nonprofit Organizations

Non-profit Management Part-time Studies Course

School of Business + Media

To support you and your education, BCIT is adapting applied learning in formats appropriate to the unfolding global situation. All PTS classes are being delivered in an online format unless you are notified otherwise.

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.

Credits

3.0

This course isn't currently offered 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

NPMA 1700 is offered as a part of the following programs:

School of Business + Media

  1. Marketing Management - Fundraising Management
    Part-time/Distance & Online Learning   Associate Certificate
  2. Nonprofit Management
    Part-time/Distance & Online Learning   Associate Certificate

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