NonProfit Accounting and Financial Reporting

This easy-to-understand overview of nonprofit accounting and financial statements is a perfect introduction. Attendees will learn the specialized vocabulary of accounting and simple numeric structure of financial statements, but without the unnecessary details that can get in the way of understanding. No prior accounting knowledge is required to attend. To get the most from this class, the instructor recommends students purchase two textbooks on the first day of class for $25 from the instructor. Instructor: Thomas Ittelson



Start Date

March 12, 2020









3 Thursdays, 5:30-7:30pm. Mar. 12, 19, & 26

Instructors: Thomas Ittelson


Thomas Ittelson

Thomas R. Ittelson is an expert at translating complicated financial topics in an accessible way for non-financial audiences. He is a natural scientist by training (Harvard University in biochemistry) and an entrepreneur. His successes and challenges in for-profit business helped him develop his own accounting acumen and style. He shared that knowledge with others in a book for non-financial managers that has sold over 200,000 copies (Financial Statements: A Step-by-Step Guide to Understanding and Creating Financial Reports, Second Edition, Career Press).

Tom’s recent work with nonprofits led him to recognize that non-financial nonprofit board members, managers and staff all require a simple working knowledge of accounting and financial statements to do their job. With his new book, Nonprofit Accounting & Financial Statements: An Overview for Board, Management, and Staff, Tom’s audacious nonprofit “mission” is to significantly improve the efficiency and effectiveness of U.S. public charities by improving financial literacy within those organizations.