Reading and Understanding Financial Statements 2010

For board members and executive directors to gain a clear understanding of the numbers and be able to assess the financial health of the organization.  Learn how to interpret nonprofit financials: to see whether the year-do-date actuals are aligned with the projected budget, to see the warning signs of the finances going off track, to monitor efficiency.  This workshop will empower every board member or executive director to be able to ask meaningful questions about the financial statements.

Presented by Carol Cochran, CPA/PFS, CEBS, CMA, CMS and Laurel Shelton, CPA, REDW, the Rogoff Firm. 

Carol has twenty-five years experience as a CPA and extensive experience as a nonprofit volunteer.  She is the chair of the Anderson Schools of Management Foundation, Treasurer and Executive Committee member for New Mexico First, the past National Treasurer of the Girl Scouts of the USA, as well as Past Chair and a member of the Executive Committee of ACCION New Mexico.  Carol is a Distinguished Toastmaster, past District Governor of District 23 Toastmasters, and past president of Musical Theater Southwest.  In 1995, Carol received the New Mexico Society of CPAs Community Service Award, and in 2002, Carol was designated Accountant Advocate of the Year by the New Mexico Small Business Administration.  Carol was designated one of New Mexico's "Power Brokers" in 2005, 2006, 2007, 2008, and 2010.  In 2008, Carol was also named a "Woman Who Means Business" by the New Mexico Business Weekly.

Laurel is a Senior Audit Manager with REDW and has been with them for for twelve years.  She serves on the Board of Directors for the Southwest Arts Festival and the Animal Humane Association of New Mexico.  Laurel is also on the Advisory Council for ARCA Organics.