No matter what board you sit on, every board member must possess a basic understanding of how to analyze financial statements to make decisions that satisfy his or her duty of care. The experts at EisnerAmper will walk you through how to evaluate decisions and direction of an organization effectively through reading the following information: 
 
Statement of financial position (balance sheet)
Statement of activities (income statement)
Cash flow forecast
Actual results compared to budget
Operational figures (for example, cost per unit of service)