Essentials of First Nations Financial Management

 

Workshop goals & topics

Sound financial management is crucial to the success of First Nations economic development and to protect wealth for future generations.

AFOA BC has created a financial management workshop to give First Nations leaders and financial managers a solid knowledge of financial planning and control. The two-day program reviews essential skills of financial management—using exercises, examples and updates on new accounting requirements. Participants will learn about:

·      Management principles – Review the underlying principles of financial planning and control in First Nations operations

·      Accounting cycles – Learn about accounting cycles and activities for First Nations

·      Finance roles and responsibilities – Understand the roles of First Nations leaders and the finance department in financial organization, planning and control

·      Fund and business accounting – Learn the differences in fund and business accounting and when fund accounting is appropriate

·      Financial management reports – Understand internal and external financial reporting requirements, and how to read statements to assess financial standing 

·      Auditors – Examine the auditor’s role, process and fees

Who should attend?

·      First Nations leaders

·      First Nations financial managers

·      First Nations Band administrators

·      First Nations managers and employees

 

To arrange a workshop or for more information:

Contact Darlene Glaim, AFOA BC Training Coordinator, at 604.925.6370 or edcoordinator@afoabc.org