Introduction to Financial Operations and Accountability

GENERAL INFORMATION

Every United Way, regardless of size, must earn and maintain the public's trust as a prerequisite for the privilege of serving its community. Sound business operations conducted with openness and accountability are critical to carrying out the United Way mission successfully. Participants in this program will gain a valuable overview of how to build and maintain effective and efficient business support functions such as financial management, internal controls, legal compliance, public reporting, investment policies, the United Way Worldwide membership requirements, and the United Way Standards of Excellence.

Join us for Introduction to Financial Operations and Accountability 101 (August 14-15) and Introduction to Financial Operations and Accountability 201 (August 16-17) in Minneapolis, MN. If registered for both 101 and 201 courses, attendees will receive a $100 discount on the second program fee.

STILL CAN'T GET ENOUGH OF UW FINANCIAL OPERATIONS?! Join us for the Finance, Talent and Technology Forum, October 2-4 in Dallas, Texas!

INTRODUCTION TO FINANCIAL OPERATIONS AND ACCOUNTABILITY 101

This course provides a high level overview of what you need to know as a United Way professional or volunteer without overwhelming you with every detail of daily financial operations. Get tips on what to monitor closely and tools for the task that will make your specific role easier to accomplish.

By engaging with experienced leaders in the United Way system, participants will gain knowledge of the models that can be followed and lessons learned from others. Discussion will concentrate on the tools, and organizational components necessary to retain the public's trust in United Way.

LEARNING OBJECTIVES:
After completion, participants will be able to:

  • Summarize the History of United Way System Accountability
  • Speak the Language of Accounting and United Way
  • Understand the basic elements of United Way Financial Management, including the what, when and why of: Form 990 preparation, Financial statement preparation and DB2 reporting
  • Implement the United Way Worldwide Membership Requirements (A-M)
  • Apply System Best Practices and the Standards of Excellence to Financial Operations including: Pledges and other Receivables, Allocation, Designation and other Payables, Cost Allocation and Functional Expense Reporting, Internal Financial Reporting, Financial Analysis, Understand and Articulate the United Way Worldwide Network-Wide Strategy (Bold Plays), Identify where to turn at United Way Worldwide or within the United Way network for Assistance

INTRODUCTION TO FINANCIAL OPERATIONS AND ACCOUNTABILITY 201

This course provides a deep dive into what you need to know as a UW professional, and find help with those specific details of your financial operations that have left you wondering if there isn't an easier way. Get tips and tools from for the task from experienced United Way CFOs that will make your specific role easier to accomplish, and build a strong peer network all at the same time.

By engaging with experienced leaders in the United Way system, participants will gain knowledge of the models that can be followed and lessons learned from others. Discussion will concentrate on the tools and organizational components necessary to retain the public's trust in United Way.

LEARNING OBJECTIVES:
After completion, participants will be able to:

  • Implement the United Way Worldwide Finance-related Membership Requirements (A, H, J, L, and M), with an emphasis on the what, when and why of: GAAP Accounting Standards(specifically related to nonprofits), Form 990 Preparation, Financial Statement Preparation, DB2 Reporting and Completing other Required Surveys
  • Understand the Laws and Regulations that apply to United Ways including: Patriot Act Compliance, Grants Management, In-Kind Contributions, Major and Planned Gifts, Tax Receipting and Records Retention, Develop Effective Risk Management Practices including: Setting the right "Tone at the Top," Internal Financial Reporting, Internal Control Policies & Procedures and Reserve Policies
  • Identify where to turn at United Way Worldwide or within the United Way Network for Assistance

Pre-Work and Prerequisites:

It is recommended that all participants of this course either attend the United Way Financial Operations and Accountability 101 course or have experience/familiarity with the Database 2 Survey, Financial Statements and the UWW Standards of Excellence.

Prior to attendance, participants should review their organization's most recent Audited Financial Statements, IRS Form 990, and Database 2 Report. They should also bring these documents to the course for use as learning aids along with their United Way's code of ethics, whistleblower protection policy, document retention/destruction policy, conflict of interest statement, and diversity statement.

REGISTRATION

If registered for both 101 and 201 courses, attendees will receive a $100 discount on the second program fee.

Introduction to Financial Operations and Accountability 101: Click here to register. Early registration ends July 3.

Introduction to Financial Operations and Accountability 201: Click here to register. Early registration ends July 5.

The price is $545.00 USD per person per person (per course) before the early registration date and $645.00 USD per person (per course) after the early registration date.

LOCATION

Both courses will be held at Greater Twin Cities United Way:

404 S 8th St.
Minneapolis, MN 55404

TRAVEL

BY AIR:

The nearest airport is the Minneapolis Saint Paul International Airport (MSP), located approximately 25 minutes from Greater Twin Cities United Way's office.

FLEX CREDITS

Flex credits are available to use for this course for the following items:

  • Registration fees (volunteers qualify if a United Way staff person is attending the same learning opportunity)
  • Some travel costs such as airfare, rental car, or mileage (only one form of travel reimbursement, rental car, mileage, or airfare is allowed with a maximum of $500 per trip)
  • Daily per diem – a combination of the hotel room rate, plus taxes and any meal not included during a learning opportunity

Please click here to access your United Way flexible credit balance. If you choose to use Flex Credits to pay for this event, when you get to the payment screen while registering, choose “Flex Credits” from the drop-down payment box. You will need to enter your organization number in the box provided if you choose the flex credit payment option.

All travel reimbursement from flex credits is submitted and processed after the event is over. Each registrant will receive an online travel reimbursement form within 5 business days of the program completion. Once this form is sent, it must be completed within 10 business days, after which further reimbursements cannot be processed. You do not need to keep your receipts to fill out this form, though we do encourage you to keep them for your records.

Learn more about UWW's flexible credit policy. If you have any questions about flexible credits, please contact learning.opportunities@unitedway.org.

CONTINUING EDUCATION CERTIFICATIONS


United Way Worldwide is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: https://www.nasbaregistry.org/.

QUESTIONS

Still not sure the courses are for you? CLICK HERE to read the Frequently Asked Questions on United Way Online.

For questions on these courses, please email learning.opportunities@unitedway.org.