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VO Workshop: How to Read Financial Statements

October 12, 2021, 9:00 AM - 12:00 PM

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.

*NOTE* This session will be held remotely and will be interactive

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.


Info:

Please contact Monja De Luca, education @volunteerottawa.ca


Cancellation policy: 

An email confirming this registration will be sent to the primary email address for your member account, or the email address on this form if you are a non-member. Your registration is transferrable to anyone else within your organization. The following workshop registrations are non-refundable: (a) purchased at a discounted rate, (b) purchased using a voucher, or (c) cancellation received less than five (5) business days prior to the event. Any other cancellation is refundable, subject to a $10.00 administration fee.

Online, via Zoom Meeting

You can access Zoom Meeting on any device.

To access Zoom on a computer, click the meeting-specific URL you will receive from the meeting or course organizer. Zoom will automatically install the necessary software on your computer.

To access Zoom on a phone or tablet, visit the relevant App store and search for Zoom. Download Zoom Cloud Meeting. About 5 mins before your meeting or course, open the app, click Join Meeting, and enter in the meeting number you will receive from the organizer.

You can access meeting audio through your device or over the phone. To access by phone, use any one of the following phone numbers:

        +1 647 374 4685 Canada
        +1 647 558 0588 Canada
        +1 778 907 2071 Canada
        +1 204 515 1268 Canada
        +1 438 809 7799 Canada
        +1 587 328 1099 Canada
        855 703 8985 Canada Toll-free

Enter in the meeting number, followed by the pound key. After that, you will be prompted for a participant number. Simply enter the pound key.

If you have any questions, contact your meeting or workshop organizer.

Contact Information

Registration

15 space(s) left
Member $90.00Register now15 left
This registration type is restricted to members.
Non-member $145.00Register now15 left