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SUMMARY:Full Cost Accounting
DESCRIPTION:This event is offered by our partner in another state. Please double-check times and time zones prior to registering. Do you wish that your finances clearly told the same story as your programming? Do you have issues capturing ALL of the costs of your programs to know which ones are truly in the black?Join us for a deep dive into full cost accounting and learn not just WHAT it is\, but HOW to set your systems up for success. This is a tried and true approach\, as summarized here in Nonprofit Quarterly.This workshop will explore how to apply the principles of True Program Costing to your organization's budget. Learn how to set up your accounting system to show a current representation of programming\, revenues\, expenses\, and total all-in costs for each program\, giving yourself a glimpse into true program sustainability. We will overview the process in detail\, from start to finish\, giving you all the tools you need to overhaul your financial systems. Learning OutcomesParticipants will be able to explain the Full Cost Accounting approach for nonprofits.Participants will be able to identify key components of their accounting system that need to be adjusted to accommodate a full cost accounting method.All session recordings and resources will be available for registered attendees for six months after the event.Offered by our partners at Montana Nonprofit Association.\nAbout the presenter: Adam Jespersen joined the Montana Nonprofit Association in 2019 as its first Director of Innovation after more than a decade of progressive experience in nonprofit management\, leadership\, fundraising\, and grant writing. Raised in rural Montana\, Adam received his bachelor's degree from Carroll College and his master's in business administration from the University of Montana. Trained and experienced in Lean management and person-centered design\, Adam is passionate about helping people\, teams\, and organizations across Montana find their stride in being more effective and impactful and has been recognized for his ability to dive headlong into finding solutions and for his cooperative and thoughtful leadership approach. Adam lives in Helena with his wife and two daughters and enjoys hiking\, skiing\, and all that Montana has to offer.
X-ALT-DESC;FMTTYPE=text/html:This event is offered by our partner in another state. Please double-check times and time zones prior to registering. \;
Do you wish that your finances clearly told the same story as your programming? Do you have issues capturing ALL of the costs of your programs to know which ones are truly in the black?
Join us for a deep dive into full cost accounting and learn not just WHAT it is\, but HOW to set your systems up for success. This is a tried and true approach\, as summarized here in Nonprofit Quarterly.
This workshop will explore how to apply the principles of True Program Costing to your organization&rsquo\;s budget. Learn how to set up your accounting system to show a current representation of programming\, revenues\, expenses\, and total all-in costs for each program\, giving yourself a glimpse into true program sustainability. \;We will overview the process in detail\, from start to finish\, giving you all the tools you need to overhaul your financial systems. \;
Learning Outcomes
- Participants will be able to explain the Full Cost Accounting approach for nonprofits.
- Participants will be able to identify key components of their accounting system that need to be adjusted to accommodate a full cost accounting method.
All session recordings and resources will be available for registered attendees for six months after the event.
Offered by our partners at \;Montana Nonprofit Association.
About the presenter: \;
Adam Jespersen joined the Montana Nonprofit Association in 2019 as its first Director of Innovation after more than a decade of progressive experience in nonprofit management\, leadership\, fundraising\, and grant writing. Raised in rural Montana\, Adam received his bachelor&rsquo\;s degree from Carroll College and his master&rsquo\;s in business administration from the University of Montana. Trained and experienced in Lean management and person-centered design\, Adam is passionate about helping people\, teams\, and organizations across Montana find their stride in being more effective and impactful and has been recognized for his ability to dive headlong into finding solutions and for his cooperative and thoughtful leadership approach. Adam lives in Helena with his wife and two daughters and enjoys hiking\, skiing\, and all that Montana has to offer.