Working in the not-for-profit sector, we are constantly being challenged to do more with less, to reach more stakeholders and vulnerable people while funding sources are drying up. This means we have to get really good at monitoring our finances.

Learning Objectives

• How to read your balance sheet and apply some basic health metrics
• How to read your income statement and complete variance analysis
• Why year-on-year and budget variances matter
• How to interpret your statement of cash flows
• Restricted fund accounting basics
• Differences between internally and externally restricted funds
• What your auditors will be looking for
• Materiality and how you should apply it to your financial statements

Who should attend
Everyone who is involved with organizational finances, which could include Board members, Program Managers, or Executive Director.

Where
Volunteer Ottawa, 850 Industrial Avenue, Unit 17F, Ottawa

Instructor
John Gilhooly has almost 20 years of experience as a senior manager in a finance and accounting context; currently, he is a senior manager at Interis|BDO. He is qualified as a Chartered Professional Accountant and Certified Internal Auditor, in addition to a Certification in Risk Management Assurance and a Master’s of Business Administration.