Understanding Financials for Committee Members - Completed
at Knox City Council
Thursday, 20 February 2020 from 6:30 PM to 9:30 PM (AUS Eastern Daylight Time) + Add to calendar20/02/2020 18:3020/02/2020 21:30Australia/SydneyUnderstanding Financials for Committee MembersUnderstanding Financials for Committee Members
Thursday, 20 February 2020 from 6:30 PM to 9:30 PM (AUS Eastern Daylight Time)
Organiser
Community Partnerships
0392988000
communitytraining@knox.vic.gov.au
Address
Knox City Council
511 Burwood Highway
Wantirna South
VIC 3152 Australia
Function Room 3
Event web page: https://www.stickytickets.com.au/irejoKnox City Council
511 Burwood Highway
Wantirna South VIC 3152
AustraliaCommunity PartnershipsfalseDD/MM/YYYY2880
Tickets
Tickets for this event are currently unavailable
Details
Understanding Financials for Committee Members
Facilitator: Non Profit Training
Committee or board members of not for profit organisations come to the table with a mix of skills and experiences which makes their contribution special. Many do not have an in-depth knowledge of accounting or a head for numbers, yet most committees are now aware of their individual responsibility to ensure the group is solvent and the importance of being able to read the financial reports.
Learning how to read and understand the facts and figures presented in financial reports will mean committee members become equipped with knowledge on which they can base major decisions when guiding their community group and help it to survive and thrive.
Learning Outcomes:
- Interpreting the financial reports including the balance sheet and profit and loss
- How to develop a budget for the financial year
- Calculating the organisation’s financial health
- How to link the strategic plan to the budget and financial reports
- Determining the appropriate level of equity for a not for profit
- Understanding the financial controls required to protect assets
Where
Organiser Information rss
Community Partnerships
Knox City Council
0392988000