Stay on top of your financial accountability!
Comprehensive budgeting, sound financial management, and financial reporting are the cornerstones of an effective organization. The aim of this workshop is to provide basic skills in financial management for effective decision making from a not-for-profit governance perspective.
By participating in the workshop, you will be able to:
Describe the financial responsibilities of the board of directors by discussing five key points related to governance over operations: Resources, Financial policies & controls, Organization performance, Audit / financial obligations, Organization’s capacity to take on risk.
Understand the difference between cash and accrual accounting. Be able to correctly identify when a transaction should be recorded.
Understand how each statement in the financial statement is linked to others.
Analyze the organization’s financial viability through assessing liquidity, solvency, and profitability using financial statements.
Understand the concept of fraud risk and segregation of duties and how segregation of duties can be applied to minimize fraud risk.
Learn various controls that can be applied to ensure sound financial reporting and to mitigate risk around financial management.
- Understand your role as a participant in the audit process. Learn various ways to streamline the audit process.
Members = CAD 45.00
Non-Members = CAD 65.00
November 21, 2018
Registration: 5:45 pm - 6:15 pm
Sessions: 6:00 pm - 9:00 pm
7700 Hurontario Street,
Brampton, ON L6Y 4M3
- Board Treasurers and current Board Members
- Those who are thinking of becoming Board Members
- Executive Directors/Heads of Not-for-profit Organizations
- Leaders of Volunteers responsible for Board Member recruitment
Natalie Saarimaki, CPA, CA, CPA (Illinois) Partner
Natalie is a Chartered Professional Accountant and Partner with BDO in Orangeville. She has 18 years of public accounting experience in the area of accounting and auditing, working with both not-for-profits and owner-managed businesses. Natalie is also a BDO-designated Experienced Accounting and Assurance Practitioner.
Natalie is committed to fully understanding the needs of her clients and contributing to their success. Her experience in the accounting profession, combined with her knowledge of her clients' unique challenges, ensure that she is able to provide value-added services and outstanding personal attention.
Natalie is an active member of the community. Her community service includes:
- Rotary Club of Palgrave, 2015 to current
- Bolton Skating Club Executive, 2009 to 2015
- Caledon Chamber of Commerce, Board Member, 2006 to 2008
- Hospice Caledon, Board Member, 2002 to 2004
Professional Designations & Education:
- Chartered Professional Accountant, Ontario, 2012
- Chartered Professional Accountant, Illinois, 2000
- Chartered Accountant, Ontario, 1999
- Master of Accounting, University of Waterloo, 1998
- Bachelor of Mathematics, University of Waterloo, 1999
We would also like to thank BDO Orangeville:
Members = $45.00 | Non-members = $65.00Registration Closed