Fundamentals: Financial and Legal Compliance

Financial and Legal Compliance is one of six day-long Fundamentals courses offered annually, teaching practical knowledge and skills in core competencies that every nonprofit leader needs to know.

Click here for an overview of Nonprofit Fundamentals.

Have you and your organization got the basics covered? First and foremost among many organizational responsibilities is compliance with a myriad of requirements, regulations, and expectations. Leaders of tax-exempt organizations have a legal and fiduciary obligation to ensure they are returning the public's trust by operating in compliance and exercising good management practices. In this age of heightened accountability, be sure you don't sink the ship; be informed.

Learning Objectives
In this workshop you will:

• Get a fast-paced update and practical advice on the latest regulations;
• Review the basics of financial management; 
• Become familiar with the standards for excellence for nonprofit organizations; 
• Learn how to minimize exposure and risk;
• Cover a short list of common "red flag" topics;
• Work through an issue with classmates and instructors; and
• Receive useful checklists and tools.
  

In addition, you will have the benefit of an attorney, CPA, and nonprofit consultant to answer your questions.

Follow-up Support
After completion of the course, attendees can access up to three hours of no-cost one-on-one assistance from the instructor in order to help apply what's been learned to the needs of their organizations. (Note: You must represent a WNC nonprofit in order to qualify for this support.)

Who should take Fundamentals: Financial and Legal Compliance?
This course is appropriate for representatives from organizations of any size or developmental stage, whether you are new or experienced in the nonprofit field. We encourage multiple representatives from an organization to attend together. 

Instructors:
Leslie Anderson, lead instructor, is principal of Leslie Anderson Consulting, Inc., an organizational development and support firm serving the public, nonprofit and private sectors since 1995. Prior to that time, Anderson served in multiple leadership positions with government and nonprofit organizations. In all of these roles, she helped oversee the organization's legal compliance and financial stewardship.

Walt Currie practiced law for 38 years and recently retired from the firm of Roberts & Stevens in Asheville. His specialty is representing local government and nonprofit agencies.

Steve Corliss is a certified public accountant whose practice in Asheville is primarily with nonprofit organizations. 

Schedule and Registration
For course schedule and registration information, go to the Duke Nonprofit Management web site, course selection page.  Under site, indicate “Western NC”.  Click here.