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Budgeting Pitfalls for Non-Profits and How to Avoid Them

BUDGETING PITFALLS FOR NON-PROFITS AND HOW TO AVOID THEM

Cost Free
Presentation Length 1.5 hours

Recorded DateAugust 21, 2024
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaFinance
Course LevelBasic
Course Description

This course will explore many aspects of the budgeting process as attendees learn to identify and avoid potential budgeting pitfalls. Senior Managers Sally Berven and Michelle Bouwer will lead this discussion, providing various approaches and methodologies for creating and maintaining your budget.

Attend this webinar to gain an understanding of various non-profit budgeting topics including monitoring your budget throughout the fiscal year and whether or not budgets need to balance.

Learning Objectives:


  • Define the key methodologies for successful budgeting

  • Identify the foundations of budget implementation

  • Recognize and avoid common budgeting pitfalls

  • Determine effective strategies for monitoring and adjusting budgets as necessary

Not logged
PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
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Sally Berven

Forvis Mazars
Senior Managing Consultant
[email protected]
(972) 361-3736

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Sally is a senior managing consultant in Nonprofit Advisory Services and brings more than 20 years of nonprofit experience to the Forvis Mazars team. She has collaborated with boards, finance committees, and C-suite executives to help improve financial reporting, which provides insights for management to make informed, strategic decisions. Sally has also provided CFO advisory services, financial operational assessments, and implementation of best practices.

She most recently was finance consultant for the Girl Scouts of the United States of America, providing guidance and support for CEOs and CFOs of the 110 councils across the country and overseas. Prior experience includes CFO of the Perot Museum of Nature and Science, interim CFO of Klyde Warren Park, and VP of finance for the Girl Scouts of Northeast Texas.

Sally is a graduate of The Wharton School, The University of Pennsylvania, Philadelphia, with a B.S. degree in economics, and a graduate of McCombs School of Business, The University of Texas at Austin, with an M.B.A. degree in finance.

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Neely Duncan, CPA, CFE

Forvis Mazars
Partner / National Nonprofit Advisory Services Leader
[email protected]
(972) 702-8262

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A member of FORVIS National Nonprofit Advisory Services Practice and Center of Excellence. Neely has more than 20 years of audit and advisory experience in public accounting. Her expertise includes financial statement audits, Single Audits, grants management, assessments and compliance, outsourced accounting functions, standards implementation, internal audit procedures, strategic planning, and tax-exempt matters for a wide range of nonprofit entities. Neely also performs forensic work related to various cases for technical matters for nonprofits.

In addition to handling the accounting, consulting, and audit needs of her clients, she advises clients on operational efficiencies, internal controls, and governance issues and routinely shares best practices with clients gained from working with a variety of organizations. She is a highly sought national speaker on technical matters in the accounting community. Neely also served in the United States Navy for four years. 

Neely is a member of the American Institute of CPAs, Texas Society of Certified Public Accountants, where she serves as a board member, TXCPA -Dallas, where she serves as a board member and the Association of Certified Fraud Examiners, Inc. She holds the Certified Fraud Examiner (CFE) designation.

She has been involved with many other professional associations, including Dallas Social Venture Partners, Finance Chair, Arthritis Foundation, Dallas Heroes Project, and Great Girls Network. 

Neely is a 2000 magna cum laude graduate of Old Dominion University, Norfolk, Virginia, with a bachelor’s degree in accounting.

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Michelle Bouwer

Forvis Mazars
Senior Managing Consultant
[email protected]
(630) 282-9525

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Michelle is a senior managing consultant as a member of the Dallas Nonprofit Practice. She is responsible for providing and coordinating advisory services to nonprofit organizations.

She has nine years of experience auditing nonprofit organizations, including experience at an international accounting firm. Her clients have included higher education, associations, religious organizations, and a variety of other nonprofits. She also has experience in Single Audits and grant compliance.

In addition, Michelle has more than twenty years of experience as a financial controller in the legal services industry. These experiences include financial statement preparation, accounting system implementation, internal controls, efficiency implementation, and forensic accounting.

She is a member of the American institute of CPAs, Indiana CPA society, and TXCPA.

Michelle is a graduate of Calvin University, Grand Rapids Michigan, with a B.A. degree in business administration. She attended Indiana University's Kelly School Of Business, with a concentration in accounting.

About Our Presenter

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Forvis Mazars, LLP is an independent member of Forvis Mazars Global, a leading global professional services network. Ranked among the largest public accounting firms in the United States, the firm’s 7,000 dedicated team members provide an Unmatched Client Experience through the delivery of assurance, tax, and consulting services for clients in all 50 states and internationally through the global network.