Workshop Wednesdays: Finance for the Not-For-Profit Sector

Workshop Wednesdays: Finance for the Not-For-Profit Sector

Richelieu-Vanier Community Centre, Workshop #1 300 Pères-Blancs Ave, Ottawa
Ticket price: $20 - $30
Register Now

Workshop Wednesdays is a new joint initiative between the Ottawa Arts Council and AOE Arts Council to offer informative and interactive workshops to local artists and arts organizations across the Ottawa region. For the first workshop in the series, we are co-presenting 'Finance for the Not-For-Profit Sector' with Ottawa Festivals.

Improve your understanding of not-for-profit finance reporting and decision making!  This workshop will be of interest to those overseeing the finance department as well as those involved in the finance role.

Date:  Wednesday, November 9, 2016
Time:  4:30pm – 7:30pm
Location:  Richelieu-Vanier Community Centre, Workshop #1
300 Pères-Blancs Ave, Ottawa
Fee:  $20 AOE, Ottawa Arts Council, and Ottawa Festivals members
$30 Non Members
To register:   Eventbrite
(Seating is limited, register now to avoid disappointment!)

 

4:30 pm: Arrival, registration and hospitality                      

4:45 – 6:45 pm Part 1 - Finance: 
Topics will include:

  • Understanding the types of financial statements
  • Financial policies, roles and responsibilities and internal controls
  • Responsibilities of the finance and audit committee(s)
  • Budgets:  strategic planning and budget analysis; managing budgets effectively and making budget decisions; cash flow analysis; cash versus accrual; depreciation
  • Audit Preparation
  • GST/HST – tax planning opportunities to save tax dollars

 

6:45 - 7:30 pm Part 2 - SEF:
Ottawa Festivals Sustainability and Emergency Fund (SEF) presentation:  Created in 2007, SEF is a component of an overall strategy to bring greater stability to the festival, special event and fair industry and administered by Ottawa Festivals and The Crawford Group.  SEF assists participating members with their ongoing cyclical cash-flow needs, provides a source of emergency funding when unforeseen events create a significant financial loss, and provides a worthwhile alternative to your investment needs.  Join Ottawa Festivals’ Board Treasurer, Janet Sellwood, along with David Crawford of The Crawford Group as they highlight the plan details and share how members can benefit from this program.