4:00pm to 7:00pm
Cost: $95
Workshop delivered virtually via web conferencing!
The number one job, and often the most puzzling and perplexing, of every board member is to understand financial statements and maintain the financial health of their organization. Board members must ensure that the organization is well-managed and that its financial situation remains sound.
This workshop will help you gain a better understanding of your financial responsibilities as a board member, mitigating the risk to both you and the organization, and ensuring the financial health of the organization. You will learn basic skills in financial management including understanding budgets, interpreting financial statements and writing financial policies.
Topics Covered Include:
- Key roles and responsibilities regarding financial management
- Understanding and analyzing financial statements
- Basic financial terminology
- How to read a budget, monthly income reports, and the balance sheet
Who should attend?
This workshop is recommended for board members of a non-profit organization who would like to develop a better understanding of their financial responsibilities
Facilitator:
Kevin Freedman is a national leader in the areas of governance and non-profit leadership. After several years in executive positions he moved into academia and is a member of the Faculty of Business and Economics at the University of Winnipeg where he teaches courses on non-profit management, corporate governance, ethics, and organizational behavior. He has substantial governance experience in public, non-profit, and private organizations dating back more than 15 years. Currently he sits as the Chair of the Audit and Risk Committee and Director at Assiniboine Credit Union, Chair of the Board at the Sexuality Education Resource Centre, and is a director or committee member of several local and national organizations including Greenpeace and the YMCA-YWCA of Winnipeg.
Kevin is also an award winning volunteer and community leader. He has been recognized with a Governor General's Medal for service, the YMCA Canada Peace Medal, and is a two-time finalist for the Future Leaders of Manitoba award. Kevin holds a master's degree in non-profit management from the Walden School of Public Administration, is an Accredited Canadian Credit Union Director, and is a member of the Institute of Corporate Directors and the International Association for Volunteer Effort.
Since 1977, NASCO's Cooperative Education & Training Institute has been widely recognized as one of the most important training and networking opportunities available to members, directors, staff, and managers of group-equity cooperatives. The annual NASCO Institute is always a one-of-a-kind opportunity to network with hundreds of cooperative leaders and employers, to caucus about pressing issues, and to work on building an inclusive and accessible cooperative movement.
