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Nonprofit Finance Fundamentals

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Audit Partner Jackie Cardello and Client Services Partner Ian Shuman presented an intensive, full-day workshop on nonprofit finance fundamentals for the Nonprofit Roundtable of Greater Washington’s Future Executive Directors Fellowship Program. Discussion items included:

  • Financial statements overview
  • Audits, reviews and compilations
  • Cash vs. accrual accounting
  • Common red flags faced by nonprofit organizations
  • Overhead
  • Reserves
  • Restricted net assets
  • Budgets
  • Internal financial reporting

Gelman, Rosenberg & Freedman served as a sponsor of the 2010-11 fellowship program. Visit our Facebook page to see photos from this and other Nonprofit Roundtable events.

Their tagline "Personal Attention Will Never Become Obsolete" sums up every interaction with have with their staff at all levels and the commitment and advice we have received from David Graling and Terri McKnight is exceptional.

AAMFT, Christine Michaels |  Chairman, Principal
The American Association for Marriage and Family Therapy (AAMFT)