In this course, You'll uncover the ten most common financial statement mistakes nonprofits make; and how these errors can jeopardize compliance, transparency, and your organization'scredibility. You'll learn practical policies and procedures to spot, prevent, and fix these pitfalls, helping you boost the accuracy and reliability of your financial reporting. Walk away empowered to strengthen your nonprofit'sfinancial health and build lasting trust with stakeholders. This session was recorded on May 29, 2025, for CalCPA'sNot-for-Profit Organizations Conference.
Learning Objectives
• Identify the most frequent error in nonprofit financial statements.
• Understand the impact of these errors on compliance, transparency, and organizational health.
• Learn practical strategies to prevent and correct these mistakes.
Major Topics
• Identifying Common Nonprofit Reporting Errors
• Compliance and Regulatory Impact of Mistakes
• Effects on Transparency and Credibility
• Preventative Financial Procedures and Policies
• Corrective Actions and Best Practices
• Building Stakeholder Trust Through Accuracy
• Strengthening Nonprofit Financial Health Overall
