Yes there is software that will allow you to perform nonprofit financial analysis. It's called ProfitCents and can be found at www.profitcents.com.
The ProfitCents for Nonprofits report is designed to analyze nonprofit organizations. Included in the report is narrative text, graphs, ratio analysis, and peer comparisons. Accountants use this report for presentations to nonprofit managers, board members, or leaders who understand how to run an NPO, but who may not understand financial analysis or how it applies to an NPO.
Introduction to Accounting and Financial Statements Course description The Introduction to Nonprofit Accounting and Financial Statements webinar series is designed to introduce basic nonprofit accounting concepts and financial statements to individuals who have had little or no experience with finance or accounting. This self-paced webinar is being held in conjunction with the Nonprofit Financial Stewardship Executive Education program at Harvard Kennedy School. The webinar features Eric Schwartz, Managing Director in PricewaterhouseCoopers National Assurance Health Services. Please note you will not receive a certificate for completing this webinar series. To get more information send me a mail on
Yes. And also non-automated financial analysis for NPOs. But there is a way to use computers/expert systems for financial analysis for both for-profit and not-for-profit financial analysis. Sageworks makes a program called "ProfitCents for Non-profits" that does just that. Just enter your financial information from your NPO into the program and a narrative text report is generated. https://www.profitcents.com/USEN/sampleinformation.aspx?report=nonprofit
Yes there are several types of software for personal financial analysis. First, you need to figure out what you EXACTLY want to analyze. For example, do you want a report card of your financial position? Or, do you need to figure out how much of a house you can afford with your current budget. There are A LOT of other things you should analyze too, just use Google for some general information about "personal financial analysis." One thing I talk a lot about is ProfitCents. ProfitCents is a web-based software application that, at its core, does complicated financial analysis. There are several modules in ProfitCents like non-profit financial analysis, for-profit business analysis, and personal financial analysis. The ProfitCents tool for personal analysis is called "My ProfitCents." This application can provide you with a written explanation of your finances. It's easy-to-use and can be accessed from any computer with internet.
FRX software is for small to medium sized businesses and organizations. The purpose that the software is used for is analysis as well as financial reports.
How is the job of a financial manager in a nonprofit organization different from that of a financial manager with a profitseeking firmRead more: How_is_the_job_of_a_financial_manager_in_a_nonprofit_organization_different_from_that_of_a_financial_manager_with_a_profitseeking_firm
financial analysis includes
concept of financial analysis?
The job of a financial manager in a nonprofit organization is different from a financial manager with a profit-seeking firm. These people will handle money in different ways.
The job of a financial manager in a nonprofit organization is different from a financial manager with a profit-seeking firm. These people will handle money in different ways.
Following are two kinds of financial analysis: 1 - Horizontal Analysis 2 - Vertical Analysis
ProfitCents (http://www.profitcents.com) is a web-based application created by Sageworks, Inc. (http://www.sageworksinc.com). Currently, the ProfitCents automated financial analysis software suite consists of four main components: 1. Plain Language Reporting Tools- For-profit, nonprofit, and personal financial analysis. 2. Analytical Review / Audit Tools- For-profit and nonprofit financial auditing. 3. Private Company Industry Information- real-time private company industry benchmarks. 4. Business Projections & Valuations- Performs financial forecasts and projections. In addition, automatic business valuations. Goals:Provide easy-to-use financial and analytical tools to help people make better decisions. Many ProfitCents users tend to be financial professionals who have a need and desire to perform analysis more quickly. Overview / Methods Nearly all of Sageworks' technologies are built on "FIND", a patented technology that converts financial numbers into narrative text. "FIND" is a truly expandable and adaptable technology. FIND Engine Technology - Patent Number 6,968,316"Systems, Methods, and Computer Program Products for Producing Narrative Financial Analysis Reports." For a more, in-depth online demonstration of the ProfitCents suite visit: http://www.profitcents.com/freevideo
Yes, IDEA software is a type of data analysis software.