11/14/2023 0 Comments Finance calendar template![]() There are also numerous calendar and task-management programs available that work well for sharing information with many people. I have also found it convenient to use excel in various columnar formats where you can get more creative with the structure, however I tend to treat this as my secondary format to fulfill an internal monthly compliance and checklist role. My preferred primary format is a simple word document that is easy to edit and share with others. These, of course, include financial statements and/or management reports (dashboards, projections and forecasts, general ledger schedules, etc.), the meetings at which these documents are used and/or reviewed (Board meeting, finance committee meetings, investment committee meetings, etc.), as well as critical external filings that rely on financial information (Form 990, charitable solicitation registrations, business licenses, etc.).Įven more importantly, the finance calendar ensures that financial statements and management reports are provided to management and staff in a timely manner so they have the necessary financial information to manage financial assets efficiently in support of mission, programs, and operations (which should always be the number one priority for use of financial information). The main purpose of the finance calendar is to provide a comprehensive listing of the key deliverables, dates, and deadlines where input from the finance department is essential. The finance calendar is also useful externally to outside professional advisors and vendors such as auditors, fundraisers, financial advisors, IT professionals, website content managers, and others.īefore I explain these many uses, let’s first explore the purpose, format, structure and content of a finance calendar. For example, the finance calendar is useful internally to management and staff, the President, Treasurer, and other officers, as well as Board and committee members. Perhaps more surprisingly, the finance calendar has also proven to be exceptionally useful to many others outside the finance department. As one would expect, the finance calendar provides a global overview of the key dates that affect the flow of information through and around the finance department. I always insist on assembling an annual finance calendar for each nonprofit I work with, whether as a financial professional or as a volunteer treasurer. ![]() In my experience, nonprofit organizations gain comfort from its content and a sense of order and completeness from its structure, as do their many end-users, both inside and outside of the organization. I need to be more grateful for my “over-worked” and “under-appreciated” finance calendar. ![]()
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