Board Fundamentals: Financial Governance
Board Fundamentals: Financial Governance
Understanding the roles managers and board members play in an organization’s financial governance can be complicated.
This workshop will introduce the board’s financial governance responsibilities and explore ways to effectively implement reliable financial management tools.
Learning Outcomes:
By the end of this workshop, you will be able to:
- Describe the importance of good financial governance in the non-profit sector.
- Describe the difference between charities and non-profit organizations and the most common areas of non-compliance and risk.
- Identify the financial governance responsibilities of the board.
- Identify and understand key information presented on the financial statements.
Suggested Participants:
Board members, Executive Directors/CEOs or senior leaders (for example, Directors or Managers) who are looking for a general overview of financial governance in non-profit organizations.
Workshop Benefits:
- A systems-thinking approach to apply financial governance more holistically.
- Strategies to implement financial management best practices for your organization.
- Clarity on staff vs. board roles as they relate to financial management.
Facilitator
Carolyn Ho (She/Her)
Carolyn has over 20 years working to help individuals, businesses and not-for profit organizations unleash the potential within their teams.
Through a coaching-mindset and consultative approach she helps identify the strategies and activities that facilitate the changes necessary to meet desired outcomes. Most recently, she focuses on helping small businesses to create and strengthen profitable and positive teaming and partnership relationships, clarify business transition and succession plans and help businesses focus on ways to facilitate positive growth. She takes the time to investigate options and opportunities to determine what is needed to achieve their desired business outcomes.
