Webinar on demand
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Budgeting and Managing Cash Reserves
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Here is What You'll Learn
Budgeting
· Learn to move from a static budget to a dynamic one that includes cash flow projections and planning.
· Revisit timeless principles in financial planning that work even through a pandemic.
· Discover “missional” budgeting – a way to measure if your organization is accomplishing its mission.
Managing Cash Reserves
· Liquidity Management – how to manage your financial resources to meet your obligations and accomplish your mission
· Examine the four areas of liquidity and how they can work together for optimum financial health.
· How much is enough? We will share industry standards from a broad spectrum of nonprofits to determine how much cash reserves is enough.
About Rick Battershell
Rick Battershell has a Master’s Degree in Taxation and has specialized in the accounting and taxation of churches, nonprofit organizations, and ministers for over 30 years. He is a regular speaker for the Northwest chapter of the Church Network (formerly National Association of Church Business Administration).
About Pete Blum
For over 35 years, Pete’s career has spanned a number of industries and sectors that have given him a unique blend of skill and experience in both the business and nonprofit worlds. He earned his accounting degree in 1986 and his CPA in 1989. In 2002, he studied for his Masters in Theology at Faith Seminary in Tacoma. Pete brings a passion in leadership that is felt at the personal and organizational levels and joined our team at Battershell & Nichols in 2018. As a pastor and CPA, Pete leads the Remote Accounting Services (RAS) team, providing experience and insights to our church clients and leadership to our RAS team.
Comments from those attending previous seminars:
"I became aware of things that I didn’t know I needed to be aware of."
"Great practical information and lots of it in a short amount of time."
“I learned many things and even had a few things I do confirmed."