Financial Essentials for Not-for-Profit Directors - Part 1

Price (incl GST)
Member price $89.00
Non-Member price $130.00

All delegates must be registered to be able to participate in training and to be eligible to receive qualifying hours

Webinar date(s)


  • Expiry Date: 14 June 2020
  • Duration: 60 minutes

The ability to effectively analyse financial statements is an essential requirement of all not-for-profit directors. However, it is an area where many directors feel the least comfortable.

This two part series will take a closer look at the legal reporting requirements for not-for-profit entities, the key financial statements and critical elements directors need to consider when reviewing and questioning financial statements.

Part One will cover:

An overview of key compliance requirements under ACNC:

  • The role of the ACNC
  • ACNC’s Five Governance Standards and their impact
  • Annual Information Statements (AIS) requirements

Understanding Financial Statements:

  • Which do you use: Cash vs. accrual accounting?
  • Your P&L: Layers of profit/ surplus and key messages
  • Your Balance Sheet: Financial health, funding sources and key messages
  • Your Cash Flow Statement

Your focus as a director/board member when reviewing financial statements:

  • Solvency, solvency and solvency
  • Profitability vs. cash generation: How they’re different and why it matters
  • New Accounting Standard for recognising NFP revenue
  • Cost types and their implications
  • Managing debtors and creditors

Register for three or more webinars of your choice in one transaction, and you can take advantage of our bundle and save promotion. Receive 10% discount for three webinars or register for five or more and receive a 15% discount.

DPD Units: 5


Dianne Azoor Hughes Dianne Azoor Hughes

Strategic Minds

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