Why this program?
You will gain an understanding of how to interpret financial information and learn the tools you need for making informed not-for-profit financial decisions.
It is important that participants prepare for this program by reviewing briefly your organization’s most recent annual report. Participants should bring to class an example of a recent operating decision where financial considerations played a role. This could include the decision to acquire resources (ie. hire more people, purchase equipment) or any other decision where finances were considered.
Through this program, you will:
- Understand how to review NFP balance sheets and income statements
- Learn how your budgeting process impacts the organization's strategy and culture
- Understand how financial decisions are made for acquiring additional resources, such as expanding headcount and buying equipment
- Know the types of information that NFP board members need and how best to present it to them
Who should attend?
NFP managers and board members who want to become more confident working with and discussing financial and accounting information, and who would like to improve their decision-making skills.
Dan Torbiak, B. Comm. (Hons.)/80, FCPA, FCA, Executive in Residence
Asper School of Business - University of Manitoba
Dan Torbiak, FCPA, FCA lectures at the Asper Executive-Education Centre and the faculties of Law and Medicine. He enjoyed a 30-year career in public practice, most recently as a partner of PwC. He also served as an Executive-in-Residence at the Asper School and as Chief Tax Appeals Commissioner for Manitoba
Do you have 10 or more team members who would benefit from taking this program? Many of our open enrolment programs can be customized for your team and delivered exclusively to your organization. Find out more about our custom programs by contacting us today at 204-946-0232 or via email at ExecEdInfo@umanitoba.ca.