Financial Reporting for Non-financial and Financial Managers 2022 | BDO USA, LLP | 24 May 2022 | Webinar

This session is a must for any Commissioners, Executive Directors, Property Managers and accounting team members that are new or just need a refresher on best practices. The topics of this session will include reading budget vs. actual statements, interpreting the budget variances and distinguishing between profit and cash. Other financial reports, such as the balance sheet and a cash flows report will be discussed and explained in simple to understand terms. We will wrap up the session with a “10 minute Crunch” analysis drill.

LEARNING OBJECTIVES

• Describe the various budget vs. actual reports for LIPH, HCV, CFP and other grant programs
• Identify the budget vs. actual line items that require a variance explanation
• Examine the differences in profit and loss for a HCV program
• Illustrate important budget line items for a property manager
• Recognize significant financial relationships on a balance sheet
• Review other financial reporting that you may desire for your housing authority needs

2022 Sponsor

• BDO USA, LLP