Operating Reserves - Building Capacity for the Next Economic Downturn - Washington DC
Please join BDO USA, LLP for a complimentary CPE-qualified seminar - "Operating Reserves - Building Capacity for the Next Economic Downturn."
Nonprofit organizations have been through one of the most difficult economic times since the Great Depression and they know they must be prepared for the next economic downturn. As the economy improves and revenues increase, nonprofit leaders will direct their focus on building--or rebuilding their organizations. This seminar will focus on the need to maintain and/or build adequate operating reserves as part of that process, which is essential to the health of every nonprofit.
By the end of this session, attendees will have learned:
-What an operating reserve is and why it is necessary.
-How to implement a policy that is right for their nonprofit using the Nonprofit Operating Reserve Initiative’s helpful toolkit.
-The steps an organization must take when developing an operating reserve.
-How to leverage best practices of monitoring the operating reserve and providing oversight.
Assurance Department Technical Director
BDO USA, LLP
PROGRAM LEVEL: Update
ADVANCED PREP: None
CPE: 2 CPE Credits in the field of Specialized Knowledge and Applications
University Club of Washington
1135 16th Street, NW
Washington, DC 20005
Parking is available at the University Club and at other parking facilities in the area. The building is also conveniently located close to the Farragut Square Metro Stations which serve the Red, Blue and Orange lines.
||08:30 a.m. - 10:30 a.m. ||Seminar|
For more information regarding refund, complaint and/or program cancellation policies, please contact BDO's National Manager of CPE Compliance at 616-575-4236.
BDO USA, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National
Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered
sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org