NFP Community Finance Training (in-person, Molong)
Date: 17 Oct 2023
Dine & Develop: Financial Literacy workshop
Overseeing the finances is probably one of the most important tasks of a board member, and organisations with financially literate boards are best placed to promote and fulfil their missions, regardless of the external environment. This workshop covers the questions boards should be asking about the finances and assists board members in reading and understanding the organisation’s financial reports. The workshop covers:
- The role of boards in financial responsibility and accountability
- Establishing a financial management structure
- Establishing financial management processes and systems
- Key financial reports: balance sheet, profit and loss statement, statement of cash flow, budgets
- Revenue and spending risks
- Trading insolvent
- Meeting reporting requirements of relevant corporate authorities and funding bodies
- Advising the community of the financial situation of the organisation
This in-person workshop will take place on:
Cost: FREE!
Tuesday, 17th October 2023, 6-8pm
Location: Wildflower Café Molong (33 Gidley Street, Molong, NSW)
Food included: sharing platters