Course Objectives

• Learn about the ‘Governance Finance’ responsibilities of the Board of Directors
• Learn about the role and responsibilities of the Finance and Audit Committees
• Learn about what the Finance and Audit Committees should focus on at each meeting
• Learn about whether the Finance and Audit Committee should be joint or separate committees
• Learn about the audit, the role of the auditor and the type of communications from the auditor;
• Learn how to integrate finance with the strategic planning and annual budgeting process
• Included – 6 tools (see list below)

See the course outline below for the list of lessons and takeaway tools.

Format

• 8 video lessons
• 2 hours viewing time
• 7 resources / tools
• Online self-paced video lessons
• You can take the course anytime and anywhere – all you need is an internet connection
• Access to these videos for a one (1) year period from the date of enrolment.

Why take this course?

• Maybe you were placed in a leadership role without the knowledge of the scope of finance responsibilities of the board and the finance/audit committees.
• Maybe you want to understand the best practices in the terms of reference and work plan for the finance and audit committees
• Maybe you are unclear what the board’s role is in finance
• Maybe you are curious to know if your board and finance/audit committees are fulfilling their finance responsibilities
• Maybe you are thinking that you just don’t know enough about governance finance and feel it’s time to learn more

What is the curriculum?

Lessons:

1. Governance Finance Roles and Responsibilities
2. Best Practices: Finance Committee Roles and Responsibilities
3. Best Practices: Audit Committee
4. 20 Finance Related Discussions Board’s Should Have
5. Integrating Finance with Strategic Planning
6. The Role of the Auditor and Audit
7. Communications form the Auditor
8. Preparing for the Year-End Audit

Resources / Tools / Guides: 

1. Governance Finance Roles and Responsibilities
2. Finance Committee Best Practices / Terms of Reference
3. Audit Committee Best Practices / Terms of Reference
4. Finance Committee Work Plan
5. Integrating Finance with Strategic Planning
   
6. 20 Discussions Board Members Should Have 
7. CPA Canada: A Guide to Financial Statements for Not-for-Profit Organizations – Questions for Directors to Ask

Oh…and you also get access to the lessons and the resources for one year from your enrolment date 🙂

Who is this program for?

• Nonprofit Board Members, Finance and Audit Committee Members, Treasurer’s
• Nonprofit Leaders such as CEOs, Executive Director’s, Senior Management and Finance staff that participate in Finance and Audit Committees of nonprofit and charitable organizations
• Leaders representing small to large nonprofit and charitable organizations
• Ready for growth: Board and Staff leaders that received little to no finance training but now they are in a leadership position and realize that they need to understand governance finance responsibilities and the responsibilities and scope of the finance and audit committees
• Ready to Expand their knowledge: Leaders that are ready to learn information and gain skills that will strengthen their work;
• Confident and Satisfied: Nonprofit leaders that want to feel more confident in finance
• Certificate: Individuals that want a certificate of completion to show funders, donors and their board of director’s or their Executive Director that they have invested in themselves and their knowledge in nonprofit finance

Read some of the testimonials below to hear what people think about finance training with Goodcasting Academy!