Ohio Association of Nonprofit Organizations Webinar: The Success to Cash Flow Management

Program Description:
In a recent OANO survey of Ohio’s nonprofit organization, 48% of respondents reported that they tapped their reserve funds in 2010. Seventy percent of respondents also indicated they had less than three months of operating reserves. Cash flow management is a struggle for most nonprofits. 

A regular analysis of your organization’s cash flow can help you take the steps necessary to head off cash flow problems. 

During this webinar, attendees will learn: 

  • How to do a cash flow analysis;
  • How to calculate an appropriate amount of reserves based on analysis projections;
  • Strategies for improving short and long-term cash flow problems.

When: March 24, 2011
Time: 10:00 a.m. - 11:30 a.m.
Location: Webinar, Log-in from anywhere!
RSVP: Click here.
Fees: $25 - OANO members, $50 for nonmembers 

About the presenter:
Roy Lydic, CPA and shareholder, Schneider Downs will present this webinar. Roy has more than 22 years of experience in public accounting. He possesses extensive experience with audit, review and tax engagements, as well as business consulting and special-purpose engagements.

Roy is committed to providing the highest level of quality accounting and tax services to a broad array of closely held companies. His experience includes services ranging from: innovative tax planning; complex financial reporting; operational consulting, and internal control matters.

Roy’s experience also includes serving as an interim chief fiscal officer for a troubled nonprofit organization during its turnaround efforts.
He is a member of Schneider Downs’ Nonprofit Industry Group and the Governmental Services Industry Group. Roy has extensive experience in interpreting and applying financial reporting standards and government-imposed accounting and auditing regulations. Roy also has extensive experience in analyzing and evaluating internal systems.

  • Member - The American Institute of Certified Public Accountants and the Ohio Society of Certified Public Accountants
  • Rotary Club of Columbus 
  • Board of Trustees - Mental Health America of Franklin County 
  • Finance Committee Chair - HandsOn Central Ohio (formerly FirstLink)

B.S. - Accounting, The Ohio State University

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