Board Fundamentals: Financial Governance - The Vantage Point

Board Fundamentals: Financial Governance

Other Workshops

Embrace your financial responsibility

Understanding the roles managers and board members play in an organization’s financial governance can be complicated.

This half-day session will differentiate between financial governance and financial management, introduce the board’s financial governance responsibilities, and discuss ways to effectively implement reliable financial management tools.

Walk away with confidence and a fresh perspective on how your board and Executive Director (or employees) can work together on proficient financial governance.

    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:

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

    Learning Outcomes:

    By the end of this session you be able to:

    • PDescribe the importance of good financial governance in the not-for-profit sector
    • PDescribe best practices and policies in financial management
    • PDescribe the difference between charities and not-for-profit organizations and the most common areas of non-compliance
    • PIdentify the financial governance responsibilities of the board
    • PIdentify and understand key information presented on the financial statements
    • PIdentify need-to-know CRA Rules and Regulations

    Topics Covered:

    • PThe Benefits of Good Financial Management
    • PUnderstanding key information contained in the financial statements
    • PRobust Financial Performance Management and Reporting System
    • PA Responsible and Accountable Internal Environment
    • PImportant 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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