Online Budgeting Skills Course for Nonprofits

Course Overview

This course provides nonprofit professionals with the skills and knowledge needed to effectively manage budgeting processes. Participants will explore the uses and types of nonprofit budgets, including organization-wide, program-specific, capital, cash flow, and opportunity budgets. The course also covers budgeting techniques to address operational challenges, variance analysis for evaluating budgets, and strategies to optimize the budgeting process.

Key Topics

• Uses and Functions of Budgeting: Understanding the role of budgets in nonprofit organizations.
• Types of Budgets: Exploring operating, capital, cash flow, and program-specific budgets.
• Budget Creation: Steps to develop organization-wide and program operating budgets.
• Variance Analysis: Evaluating nonprofit budgets and addressing discrepancies.
• Capital Budgets: Importance and creation of budgets for long-term investments.
• Cash Flow Budgets: Managing and creating budgets to track cash inflows and outflows.
• Budget Management: Techniques to optimize the budget process and achieve better results.
• Advanced Budgeting Techniques: Approaches to address operating challenges.

Learning Objectives

At the conclusion of this course, participants should be able to:

• Explain the uses and functions of nonprofit budgeting.
• Describe the different types of budgets used by nonprofit organizations.
• Recognize the role of organization-wide operating budgets and program-specific budgets.
• Outline the process of creating an operating budget.
• Analyze nonprofit operating budgets using variance analysis.
• Describe the purpose and creation of a capital budget.
• Explain the importance of cash flow budgets and how they are created.
• Apply techniques to manage the budgeting process for optimal outcomes.

Credits

• 0.3 IACET CEUs
• 3 HRCI Credits
• 3 SHRM PDCs
• 3 CFRE Points
• 3 ATD CI Credits

Key Features

• Mobile-friendly and audio-enabled content.
• Badge and credit-earning opportunities.
• Real-world case studies for practical application.
• Fully accessible materials.
• Interactive games and flashcards.
• Expert support for personalized guidance.
• Video lessons for enhanced understanding.

Refund Policy

Refunds may be requested within seven days of purchase. Refund eligibility requires that less than 10% of the course content has been completed. Course progress can be tracked on the Course Progress page.

Notes

• Estimated time to complete: 3 hours.
• The course includes an “Ask the Expert” feature for submitting questions about course content. Responses are provided by subject matter experts, typically within 24 hours.
• A minimum test score of 70% is required to qualify for IACET CEUs.

Pricing and Enrollment Information

$95.00 (US) per seat.