Funders usually require organizations to submit a financial statement of the most recent fiscal year when applying for a grant.
On October 1st, 2020 the Spur Change Program in collaboration with FIT hosted a webinar on how to prepare a financial statement and what is required within it. Facilitated by Lyn Stinestra (CPA, CMA), the webinar helped organizations learn how to properly read a financial statement and understand how balance sheets are related to profit loss. Financial statement samples were shared with participants during the webinar.