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Friday, April 11, 2014                                                                                                                                                              



Building financial management for the sector by the sector


Achieving sustainability, providing quality programs, managing funding requirements and changing legal and accounting standards are areas that are challenging the nonprofit sector and its leaders. 


That's why ONN is pleased to share information about a brand new program to help strengthen the finance skills of nonprofit professionals and support the sector in building this important skill set. As well, ONN subscribers get a special discount.


The Professional Development Institute, a division of the Certified Management Accountants of Ontario, is launching this new 5-day certificate program to provide nonprofit professionals with essential tools, frameworks and strategic models to integrate strategy, risk management and finance within a not-for-profit organization.


If you're an executive director, a finance manager of a nonprofit large or small, a board member, or a professional interested in taking on a board or treasurer role at an organization, this certificate could be a valuable investment!


The program includes case simulations, practical exercises, group discussions and guest speakers, providing engaging learning opportunities.


This comprehensive program has been developed for the sector by the sector, by ONN network member Betty Ferreira, CPA, CMA. Betty is a former CEO of several nonprofits, and the founder and principal consultant of a boutique consulting firm focused on not-for-profit restructuring and turnaround management. She knows the sector well and has put that experience and expertise into creating program content that meets the unique needs of finance management for nonprofits and charities. 


This is the program's first session, and there may be potential for more locations in the future, depending on interest. For those nonprofit leaders who are keen to join but can't make this session, keep it in mind as a fall session is in the works too.


Program Take-Homes

Participants will receive:

  • Comprehensive tool-kit including MS Excel worksheets for revenue, costing and budget analysis 

  • Budget narrative proposal template, a helpful document outlining a budget proposal to share with a Board of Directors or other governance group

  • Sample internal controls, finance and risk committee terms of reference, among many other tools

Key Learning Outcomes

  • Advanced financial leadership, analysis and decision-making

  • Understand the benefit of an integrated strategy-finance-risk approach increasing the resilience and impact of your organization

  • Learn best practices, models and frameworks to assess and strengthen existing practices, systems, policies, and strategic approaches

  • Understand how to identify and mitigate against risks and challenges

  • Apply essential tools to case studies and your organization

  • Understand the latest government regulations and standards

For more program details, download the program overview here.


Who: Executive directors, finance managers, Board Members, prospective Board Members or Treasurers


Date: Mon. May 26 - Fri. May 30, 2014

Participants can also opt to attend part of the program. Click here for more info.


Location: Toronto, Ontario, The Professional Development Institute, 25 York Street, Suite 1100


Fee: $2,495 for the 5-day program; ONN contacts get a special discount of $100 (Use promo code "ONN")


Contact: Chelsea Allman, Coordinator, Continuing Education, 416-977-7741 or 800-387-2991 ext. 121, callman@cmaontario.org



Learn more at: www.pdi-cma.com/nfpONN.




     


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