Right Sizing Reserves – More Important than Ever Before

This webinar is present by the Finance and Business Operations Professionals Advisory Council

How much should your organization have in reserves and why?

Members are asking questions, revenue sources are maturing, and economic conditions are changing. Now, perhaps more than at any previous time, nonprofit organizations need to be thoughtful about how they determine how much to maintain in reserves and how they manage these important assets.

Join Christian Spencer, RSM audit partner and Rob Dickinson, Vice President of Finance at National Council of Architectural Registration Boards (NCARB) as they provide insights on, “Right Sizing Reserves – More Important than Ever Before.”

This webinar will cover these key aspects:

• The history behind reserve funds, from the “why’s?” to the “how much?”
• The importance of “bucketing” reserve funds
• Using Enterprise Risk Management (ERM) to identify risks and opportunities unique to your organization
• Examples of how one association (NCARB) used ERM to “right size” its reserves