January 3, 2019 to April 3, 2019
Sound financial oversight, processes and procedures are essential to the sustainability and success of any non-profit housing organization, particularly in the face of heightened expectations and requirements from funders and governments.
Regardless of role or title, all staff have a part to play in ensuring and supporting financial responsibility and success.
This course provides a practical overview of the fundamentals of financial oversight and management, enabling learners to be an active part of their organization’s financial success.
Course participants will develop and deepen their understanding of:
- the core principles of good financial management and oversight
- what policies, procedures and bylaws to have in place
- appropriate roles and responsibilities for staff, management and the board
- how to set and monitor a budget
- fundamental internal controls and how to implement them
- how to prepare for and support the annual financial audit
- financial indicators and how to interpret them
- end of operating agreements and its impact on finances
- understanding and managing financial risk
- key considerations for meeting accountability, legislative and Canada Revenue Agency requirements
Learners will have access to the web-based course and moderator for three months.
Course content will be delivered through a combination of presentations, reading materials, case studies and video segments.
Apply and test what you’ve learned through hands-on exercises and quizzes, and walk away with a certificate and digital badge after successfully completing the course.