Achieving sustainability, providing quality programs,
managing funding requirements and changing legal and
accounting standards are challenging the not-for-profit
sector. A heightened emphasis on risk management, the
production of key performance indicators and analysis
reporting has added to this difficulty. This underlines the
importance of increasing the capacity of the sector to
integrate strategy, finance and risk management in order
to manage these challenges.
This five-day program will provide you with essential
tools, frameworks and strategic models to integrate
strategy, risk management and finance within a not-
for-profit organization. It includes case simulations,
practical exercises, group discussions and guest
speakers, providing engaging learning opportunities.
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
WHO SHOULD ATTEND?
• Executive Directors
• Finance Managers of both small and large
not-for-profit organizations
• Board Members
• Professionals interested in Board Member or Treasurer Not-For-Profit roles
PROGRAM FORMAT
NOT-FOR-PROFIT AND CHARITY FINANCE LEADERSHIP CERTIFICATE
PROGRAM OUTLINE
Participants will receive a comprehensive tool-kit including MS Excel worksheets for revenue, costing and budget analysis. A budget narrative proposal template is also included, as well as sample internal controls, finance and risk committee terms of reference, among many other tools.
DAY 1 Finance, Strategy and You
• Overview of the not-for-profit sector and systemic
challenges and opportunities
• Understand not-for-profit business models
including revenue and cost structures,
organizational capital structure, and program
and mission alignment
• Understand the evolving role of finance for
management and the Board of Directors in a
Not-For-Profit environment
DAY 2 Costs, Budgeting and Cash Flow
• Explore cost structure tools and best practices
including full cost recovery, true cost accounting,
and economic analysis
• Comprehensive budget development including
tools and best practices
• Review of general and not-for-profit accounting
terms
DAY 3 Financial Reporting, Analysis, Benchmarking
and Restructuring
• Understand revenue cost and capital structure
concepts
• Understand how to assess financial short-and
long-term strengths and vulnerabilities of
not-for-profit organizations
• Understand organizational restructuring
strategies, tools and best practices
DAY 4 Organizational Restructuring and Audit Analysis
• Apply the knowledge gained from the first three
days by participating in exercises focused
on: organizational restructuring, audited
statement analysis and building a strategy based on
a cash flow analysis
• Understand CRA compliance responsibilities for
both charities and not-for-profit organizations
and how to prepare for a CRA audit
DAY 5 Changes in Accounting Standards, A review
of the CNPCA, ONCA
• A review of existing legal and accounting acts
and proposed changes: Ontario Not-for-Profit
Corporations Act (ONCA); Canada Not-for-Profit
Corporations Act and the Accounting Standards
for Not-for-Profit Organizations (ASNPO)
• Implications of the proposed ASNPO
• Sector system updates on Funding Reform,
Infrastructure Ontario Loans and Shared Platforms
• Exam preparation
Betty Ferreira, CPA, CMA, is a former CEO of several not-for-profit organizations, and the founder and principal consultant of a boutique consulting firm focused on not-for-profit restructuring and turnaround management. Betty’s work in the past 22 years has focused specifically on conducting mergers, turnarounds, restructurings, start-ups, strategic planning and finance process reviews in the not-for-profit sector. Betty’s goal is to advance the capacity of management accounting in the not-for-profit sector through teaching, writing, consulting and guest speaking at related conferences.
NOT-FOR-PROFIT AND CHARITY FINANCE LEADERSHIP CERTIFICATE
INSTRUCTOR
PROGRAM INFORMATION
LOCATION
PDI Toronto25 York Street, Suite 1100
DATE
May 26 – May 30, 2014
FEES Five-Day Program: Members: $2,495Register by May 12: $2,395 Non-members: $2,695Register by May 12: $2,595
Days 1-3: Members: $1,525 Non-members: $1,625
Days 4-5: Members: $1,020 Non-members: $1,120
Optional Exam: $150 Saturday, June 21, 2014
Please note: all five days of the program must be completed before you qualify to write the exam.
CANCELLATION POLICY If you are unable to attend the program after you have registered, a credit for the full amount paid can be arranged. Credits can be used towards a future Continuing Education Workshop of your choice no later than one year from the date of cancellation. Alternatively, you may send a substitute at no charge.
REFUNDS
If you would like a full refund, a $50 administrative fee will apply. Please note that cancellations less than two weeks prior to the start date are non-refundable. Please contact [email protected] or call 416.204.3121 to arrange a credit, refund or substitution.
CPLD
Eligible for 8 CPLD Credits per day. For further information regarding CPLD reporting requirements for CMAs, please refer to the CPLD Brochure: www.cmaontario.org/cpldfaq. If you have any questions regarding CPLD, please email: [email protected].
PDI is a division of CMA Ontario. All rights reserved.
PROGRAM DATE Monday, May 26 – Friday, May 30, 2014 - PDI Toronto
NOT-FOR-PROFIT AND CHARITY FINANCE LEADERSHIP CERTIFICATE
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Organization CMAMemberNumber
MailingAddress City Province PostalCode
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CourseInformation
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o Five-dayProgram
o Days1-3:Introductory/IntermediateProgram
o Days4-5:Intermediate/AdvancedProgram
o OptionalExam
Subtotal
(CMAHST#123969610)HST(13%)
Total
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oCheque o Visa o MasterCard o AmericanExpress
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- - -
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Pleaseindicateanyspecialneedsordietaryrestrictionsrequiringaccommodation:
To Register: FAX registrations to 416.977.6079 MAIL to Coordinator, Continuing Education, CMA Ontario, 25 York Street, Suite 1100, Toronto, Ontario, M5J 2V5EMAIL to [email protected] FOR ONLINE REGISTRATION and program information, please visit: www.members.cma-ontario.org FOR ASSISTANCE: 416.204.3121
Cancellation: Cancellations more than two weeks prior to the program start date are subject to a $50 administrative fee. Cancellations within two weeks of the program start date are non-refundable.If you are unable to attend the program after you have registered, you may send a substitute at no charge.Please inform PDI Continuing Education at: [email protected].