A guide to financial statements for not-for-profit organizations (NFPs): Questions for directors

Learn how understanding financial statements is a prerequisite for effective oversight of the financial affairs of the organization.

Item # 04000082 |  $15

Prices may change without notice.

Purchase Now

Get your downloadable electronic copy.

Download Now

As a non-financial director, you have a personal responsibility to ensure you understand the financial information you receive, as well as the financial implications of your decisions and actions. A Guide to Financial Statements for Not-for-Profit Organizations: Questions for Directors to Ask will help you non-financial directors understand the financial statements of the organizations you serve.

This guide will help you understand:

  • the role and responsibilities of the board, management and the auditor in financial reporting
  • the concepts and terminology of financial reporting in the NFP sector
  • the ways in which donations to the organization can be accounted for
  • the various financial statements you will encounter in your role as an NFP director

This guide is intended for:

  • non-financial directors of NFPs of sufficient size to require a management team and engage the services of an external auditor


Update your knowledge and strengthen your network at this must-attend conference covering the most important issues and trends affecting audit committee members.

It’s probable that someone you know is deep in debt. If you are observant, you might see one of these seven signs.