Not-for-Profit Finance Week

Date: 11 - 15 Sep 2023

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Not-for-Profit Finance Week, an initiative of Commonwealth Bank and Our Community, is a celebration of ideas, knowledge and financial capacity-building for the $100 billion Australian not-for-profit sector.

The aim of this event, held 11-15 September 2023, is to increase the profile of the not-for-profit sector, bolster the financial capacity and sustainability of the sector, and provide support for the staff, board members and treasurers carrying out the important task of overseeing the finances.

Activities during Not-for-Profit Finance Week included:

Not-for-Profit Finance Week Program
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Monday, 11 September 2023. 12.30pm to 1.15pm AEST.

Webinar: Questions your board should be asking about the finances
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Presented by Nina Laitala, Training Lead, Institute of Community Directors Australia (ICDA)

Overseeing the finances is probably one of the most important tasks you have as a board member. Financial literacy will put your organisation in the best position to promote and fulfil your organisation’s mission. If you don't understand how the finances work, you'll be at risk of getting caught up if anything goes wrong – and things can (and will) go wrong!

In this webinar we’ll be exploring:

  • The questions you should be asking and the reports you should be seeing.
  • How to read, understand and act upon financial papers.
  • Ways to build financial matters into decision-making processes

Tuesday, 12 September 2023. 12.30pm to 1.15pm AEST.

Webinar: Financial ethics: Are you meeting your obligations?
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Presented by David Holland, Director at Sapphire Professional Services, current board member of the Australian Accounting Standards Board (AASB)

Most community organisations aim to set high standards of ethical behaviour that will protect their organisation’s reputation and maintain the trust of their members, clients and stakeholders. Acting ethically should always be a priority, but especially when dealing with the finances.

In this webinar, David Holland, Director at Sapphire Professional Services and current board member of the Australian Accounting Standards Board (AASB), will look at the areas you need to consider if your organisation intends to be financially ethical, including:

  • The new ACNC party disclosures required for 30 June 2023
  • Identifying and dealing with conflicts of interest
  • Payroll
  • Risk management
  • Accountability

Wednesday, 13 September 2023. 12.30pm to 1.15pm AEST.

Webinar: Economic Update - looking ahead
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Presented by Stephen Halmarick, Chief Economist and Head of Global Economic Markets Research, Commonwealth Bank

With interest rate rises, cost of living increases, record low unemployment levels and ongoing fears of an overall economic slowdown, what are the economic indicators telling us about what’s in store over the coming 12 months?

In this 45-minute webinar, Stephen Halmarick, Chief Economist and Head of Global Economic Markets Research at Commonwealth Bank, examines the current state of Australia’s economy and shares his thoughts on the outlook ahead including:

  • Global markets and what they are telling us.
  • Australia’s economic outlook.
  • Implications of rising interest rates.
  • Impact on consumer spending levels.

Unfortunately we are unable to share this recording. The slides are available below. There are two sets of slides.

Thursday, 14 September 2023. 12.30pm to 1.15pm AEST.

Webinar: Cyber Update for Not-for-Profits
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Presented by Gary Doyle, State Manager, Transaction Banking VIC/TAS, Commonwealth Bank

Cybercrime continues to dominate the headlines, and good cyber hygiene remains a critical factor in helping to ensure the safety of your not-for-profit, your people and your infrastructure.

Join us for this important webinar as Commonwealth Bank’s Gary Doyle shares his thoughts and insights on some high-level cyber security concepts using real life case studies. Topics we’ll be exploring include:

  • Getting the basics of cyber security right
  • Using a cybersecurity framework to help protect your not-for-profit
  • Ways to approaching cybersecurity
  • Common types of scams.

Friday, 15 September 2023. 12.30pm to 1.15pm AEST.

Webinar: Not-for-Profit Fundraising
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Presented by Catherine Brooks, Chief Executive Officer, Wendy Brooks & Partners

Fundraising is the lifeblood of most community organisations, and with inflation and interest rates on the rise, getting it right is now more important than ever.

In this special Not-for-Profit Finance Week webinar, Catherine Brooks, CEO at Wendy Brooks & Partners will discuss:

  • The current fundraising landscape
  • The funding market segments that will help bring financial sustainability to your organisation
  • How you can attract alternative income streams to boost your impact in the community.

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