Financial Responsibilities of a Non-Profit Board

April 15, 2020
04:00 PM to 07:00 PM

The number one job, and often the most puzzling and perplexing, of every board member is to understand financial statements and maintain the financial health of their organization. Board members must ensure that the organization is well-managed and that its financial situation remains sound.

This workshop will help you gain a better understanding of your financial responsibilities as a board member, mitigating the risk to both you and the organization, and ensuring the financial health of the organization. You will learn basic skills in financial management including understanding budgets, interpreting financial statements and writing financial policies.

Topics Covered Include:

  • Key roles and responsibilities regarding financial management
  • Understanding and analyzing financial statements
  • Basic financial terminology
  • How to read a budget, monthly income reports, and the balance sheet

Who should attend?

This workshop is recommended for board members of a non-profit organization who would like to develop a better understanding of their financial responsibilities

Facilitator:

Kevin Freedman is a national leader in the areas of governance and non-profit leadership. After several years in executive positions he moved into academia and is a member of the Faculty of Business and Economics at the University of Winnipeg where he teaches courses on non-profit management, corporate governance, ethics, and organizational behavior. He has substantial governance experience in public, non-profit, and private organizations dating back more than 15 years. Currently he sits as the Chair of the Audit and Risk Committee and Director at Assiniboine Credit Union, Chair of the Board at the Sexuality Education Resource Centre, and is a director or committee member of several local and national organizations including Greenpeace and the YMCA-YWCA of Winnipeg.

Kevin is also an award winning volunteer and community leader. He has been recognized with a Governor General's Medal for service, the YMCA Canada Peace Medal, and is a two-time finalist for the Future Leaders of Manitoba award. Kevin holds a master's degree in non-profit management from the Walden School of Public Administration, is an Accredited Canadian Credit Union Director, and is a member of the Institute of Corporate Directors and the International Association for Volunteer Effort.

Accommodation:

For questions about accessibility or to request accommodations (ex. allergies, scent) please contact Tracy Douglass at 204-477-5180 ext. 222 or tracy.douglass@volunteermanitoba.ca. Requests should be made as soon as possible but at least 1 week prior to the scheduled event.

Location:

Volunteer Manitoba
410 - 5 Donald Street
Winnipeg MB  R3L 2T4

Cost:

$95.00

Facilitator:

Kevin Freedman

Web registration


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