Financial Essentials for Not-for-Profit Directors Series (10% series discount applied)

Price (incl GST)
Member price $160.00
Non-Member price $234.00

All delegates must be registered to be able to participate in training and to be eligible to receive qualifying hours

In order to manage and control finances and make financially informed decisions, analysing financial statements is an essential requirement for business owners.

Register for the two webinars in the series and receive 10% off individual webinar pricing.

In this two part series we will cover the critical fundamentals of financial statements that business owners need to be across.

Part One will cover:

An overview of key compliance requirements under ACNC:

  • The role of the ACNC
  • ACNC’s Five Governance Standards and their impact
  • Annual Information Statements (AIS) requirements

Understanding Financial Statements:

  • Which do you use: Cash vs. accrual accounting?
  • Your P&L: Layers of profit/ surplus and key messages
  • Your Balance Sheet: Financial health, funding sources and key messages
  • Your Cash Flow Statement

Your focus as a director/board member when reviewing financial statements:

  • Solvency, solvency and solvency
  • Profitability vs. cash generation: How they’re different and why it matters
  • New Accounting Standard for recognising NFP revenue
  • Cost types and their implications

Part Two will cover :

Key ratios in financial statement analysis and what they mean:

  • Surplus/ profitability ratios
  • Liquidity/ working capital ratios
  • Financial stability ratios
  • Other key ratios

Common red flags in the results and how to address them:

  • Declining surpluses
  • Falling cash reserves and poor liquidity management
  • Debtors growing faster than revenues
  • Missed payments to creditors
  • High fixed costs in tight times


Lindsay Dewberry MAICD Lindsay Dewberry MAICD
Managing Director
Panache Training & Consulting Pty Ltd