Financial governance for NFP’s.

25 min

From cash records, asset registers through to balance sheets and profit/loss statements, do you feel in control of these compliance and financial requirements when it comes to your NFP organisation? Watch the Financial Governance for NFPs video to find out more about this important aspect of your organisation's governance.

As demand for services increases and the available funding decreases it is vital that not-for-profit organisations ensure that their financial governance passes muster.

Many people involved in the not-for-profit sector became involved due to their passion or belief in a particular cause rather than because they possessed the skills for the role they have undertaken.  From a financial view point this can have significant ramifications for both the organisation and the individual.  This video highlights why financial governance is important and introduces essential financial concepts that will support people undertaking board or financial roles in this sector.

We’ll help you learn about:

  • why financial governance is important.
  • understanding the financial position of an organisation using financial statements.

 This video may be helpful for anyone:

  • involved, or considering getting involved, as a board member or in a financial management role with a not-for-profit organisation.

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Davidson Institute

Whether you’re a budding business, dedicated community group or curious individual, our financial education resources are designed to help you feel more money confident. Powered by Westpac, the Davidson Institute is here to help you work towards the financial future you want.

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