Native CDFI Financial Management
Training Description: This session covers the basic understanding of accounting principles, the fundamental building blocks of solid financial management. You will gain the knowledge to successfully make sense of financial data while becoming familiar with general accounting terminology. This webinar is perfect for CDFI Board members and treasurers, self-taught bookkeepers, or anyone in the CDFI field who want to learn the basics of financial management. Training Objectives: • Understand the difference between accrual and cash accounting; • Reading financial statements; • Use ratios to help you govern your CDFI; • Understand how your lending portfolio interacts with the balance sheet.
The Native Learning Center is a Model Program supported by the Indian Housing Block Grant awarded by the Office of Native American Programs, U.S. Department of Housing and Urban Development. The opinions contained in education, training and technical assistance sessions are those of the author(s) and do not necessarily represent the official position or policies of the Native Learning Center, Seminole Tribe of Florida, Office of Native American Programs, or the U.S. Department of Housing and Urban Development. References to specific agencies, organizations, firms, products, services, processes and procedures should not be considered an endorsement by the listed entities. Rather, the references are informational and illustrations to supplement discussions of the issues.
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