We hope you enjoyed the Bettter Boards Webinar Jenny Holliday presented today – Keep Calm and Embrace the Numbers. We have provided this resource page to assist you to access information referred to during the session.
We are always on hand to help so please feel free to call us on 1300 144 113 or email jenny@nonprofittraining.com.au if you require any further information.
Keep Calm and Embrace the Numbers | 29 June 2017
Board members of not for profit organisations come to the table with a mix of skills and experiences which makes their contribution special. However when finances aren’t their thing, making financial decisions and approving the financials can be intimidating.
Most Directors are aware of their individual responsibility to ensure the organisation is solvent, the importance of being able to read the financial reports, ask probing questions, analyse financial risks and make decisions. Not an easy task.
This webinar provided tips for scanning the three key financial reports and zeroing in on the pertinent numbers. It will educate participants on the key financial indicators that will tell you if your organisation is on the right track.
Resources
Here are some link to some helpful resources referred to during the session:
- Consumer Affairs Victoria -Easy to follow resources for Incorporated Associations – link here
- Australian Business Register – To check your registration status, legal structure and tax statuses – link here
- Australian Taxation Office – To find out information about tax concession for non-profits – link here
- Our Community – Access to free policies and resources – link here
- Business Victoria – A customisable financial policies and procedures manual for non profit organisations – link here
- Business Victoria – Cashflow forecast worksheet – link here
- Australian Taxation Office – A guide for non-profits around GST and other basic tax issues – link here
Documents
Here are some sample documents referred to during the session:
- Banking query resource – download here (0.3 M Word document)
