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Board Fundamentals: Financial Governance

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Embrace your financial responsibility

The role boards and employees play in not-for-profit financial management is not always fully understood or appreciated.

This half-day session will introduce you to a wide variety of financial management strategies and discuss ways to implement financial management tools effectively.

You will walk away with a practical perspective as to what board should do and understand the different roles the board and the executive director (or employees) have with respect to proper financial management.

    Suggested Participants:

    Board members, executive directors/CEOs or senior leaders (i.e. Directors, Managers, etc.) of not-for-profit organizations who want to gain fundamental financial governance skills.

    Program Benefits:

    • EIdentified strategies to implement current financial management best practices for your organization
    • EIncreased clarity on the roles of board members vs. the roles of paid staff as they relate to financial management
    • EImplement meetings tools that support complicated and complex conversations at the board table

    Learning Outcomes:

    By the end of this session you be able to:

    • EDescribe the importance of good financial governance in the not-for-profit sector
    • EIdentify the financial governance responsibilities of the board
    • ERead key financial statements
    • EDescribe the difference between charities and not-for-profit organizations and the most common areas of non-compliance

    Topics Covered:

    • EThe Benefits of Good Financial Management
    • EUnderstanding key information contained in the financial statements
    • ERobust Financial Performance Management and Reporting System
    • EA Responsible and Accountable Internal Environment
    • EImportant Canada Revenue Agency Rules and Regulations You Need To Know

    To see if this workshop is currently scheduled, visit our upcoming events calendar

    To apply for a bursary for this workshop complete the Bursary Application Form

    For more information, please email

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    Vancouver, BC V6E 2X5

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