Cheryl R. Olson, CPA, CGMA

Cheryl Olson is Clark Nuber’s Director of Not-for-Profit Consulting. She performs accounting software system functional needs assessments and provides consulting, training, and advisory services in the areas of operational capacity, finance, and governance. Cheryl is a member of the Not-for-Profit Services Team and the Information Systems Team.

Practice Emphasis

  • Accounting software system functional needs assessments and gap analysis
  • Abila MIP Fund Accounting, Intacct Financial Management, Accounting sales support, and implementation project management
  • Advising in management issues related to organizational structure, transitions, staff development, and culture; as well as providing needed training
  • Assessment of not-for-profit governance practices
  • Understanding of IT General Control testing methodology
  • Not-for-profit Executive Compensation Analysis to help prevent self-dealing or private inurement

Proven Results

  • Led not-for-profit assessments, which provided management with guidance in governance, operations, reporting, finance, compliance, and technology.
  • Designed and delivered three online courses for certification in Budgeting, Ethics, and Aligning Mission and Strategy.
  • Led and participated in Accounting System Functional Needs Assessments and Gap Analysis projects. Findings reports from these projects provided options for making directional decisions regarding whether to keep an existing accounting system, make changes to the system, or implement a new system.

Education

  • University of the Pacific, B.S. in Business and Public Administration, Accounting Concentration

Activities

  • American Institute of Certified Public Accountants, Member and Not-for-Profit Advisory Council Volunteer
  • Oregon Society of Certified Public Accountants, Member and Not-for-Profit Committee Volunteer
  • Washington Society of Certified Public Accountants, Member
  • Girl Scouts of Oregon and Southwest Washington, Finance Committee Member
  • PPS Beaumont Middle School, PTA Treasurer


 

 

Cheryl’s Monday Session:

Thanks for the Financial Statement, Now What?

Join this interactive finance session and learn how to gain a better understanding of the financial information you are given so you can share it with others. Explore different ways to present your Financial Statements through numbers, words and pictures, illustrating your position for different audiences. Plus, learn federal and state filing requirements, including new financial reporting requirements from FASB (Financial Accounting Standards Board) effective for fiscal years ending in or after December 2018.

Presented by Cheryl Olson, CPA, CGMA