Finance & Accounting | 10 Things Social Purpose Organizations Need to Know
10 Things Social Purpose Organizations Need to Know About Finance & Accounting
Featuring Moez Bawania
As the landscape of non-profit accounting continues to evolve, understanding how to read financials statements and leverage the power of people, process and technology to generate timely and accurate information is crucial for organizational success. In this session, we will explore three core areas essential to today's non-profit finance professionals:
Case Study: How to Read Non-Profit Financial Statements
Non-profit financial statements differ significantly from those of for-profit organizations, with a focus on accountability over profitability. This segment will walk through a real-world case study, demystifying key components such as the auditor's report, statement of financial position, statement of operations and notes. Attendees will learn to interpret these reports to assess financial health, sustainability, and program impact, gaining practical insights for board presentations and donor reporting.
Using ChatGPT and AI to Increase Efficiency and Accuracy
Artificial intelligence is transforming workflows across industries, and non-profits are no exception. We will explore how AI tools like ChatGPT can streamline administrative tasks, improve decision-making, and enhance accuracy in financial reporting. From automating routine tasks like creating a budget development plan to generating predictive insights, this segment will showcase the potential of AI to reduce manual effort and increase operational efficiency.
Building a Modern Non-Profit Finance Technology Stack
A modern non-profit finance framework integrates cloud-based tools and automation to optimize financial management. We'll discuss essential elements of a tech stack, including accounting software, donor management systems, and AI-powered solutions. Attendees will leave with actionable insights on how to implement or upgrade their organization's technology infrastructure to improve transparency, scalability, and efficiency.
This session aims to equip non-profit finance leaders with the tools and knowledge to thrive in a rapidly evolving financial environment.
About the Speaker
Moez is an entrepreneur and community builder passionate about helping people and communities reach their potential. He most recently founded AMLB LLP, a CPA firm providing virtual finance services to growth-oriented non-profits and businesses across Canada. Moez currently serves as board director for State of Kindness, a local charity providing scholarships to underserved communities and has previously served as Chair, Treasurer and Head of Finance Committee for several non-profits. Prior to founding AMLB, Moez held leadership roles at TD and Deloitte and worked/lived in ten countries, including within Africa and the Middle East building financial capacity for international nonprofits.
About the Series
This online event is part of a complimentary series of talks and Q&A sessions hosted by The Good Growth Company in partnership with the Centre for Social Innovation. Each session features an expert from the community sharing 10 things social purpose organizations need to know about a given topic. The series is designed for leaders and within nonprofits, charities and social ventures.Format: 10 Tips Presentation + Question & Answer Session (Total 1 Hour)
About the Host
The Good Growth Company is an up-skilling company for non-profit organizations and purpose-driven businesses seeking to invest in their people to help scale their mission. Boost your social impact and level up your team with targeted workshops and more. Get started here.
A Membership with More
Monthly live group sessions, ongoing Q&A, a library of recorded trainings and more are available in The Good Growth Company Membership. Invest in your growth and accelerate your organization's impact. Find out more and get access to founding member pricing at thegoodgrowth.company/membership.