Advanced Financial Management Training Workshops

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Starting June, 2011, OCASI is delivering 12 one-day sessions throughout the province of our new Advanced Financial Management Training Workshops. The target audience for these sessions are Executive Directors, Financial Managers and Treasurers of the Board of Directors of OCASI agencies and CIC funded organizations in the settlement sector. Six more will be delivered at a later date. This project is funded by Citizenship and Immigration Canada (CIC).

The need for improved financial management has long been identified in the immigration and refugee settlement sector. Therefore, with the support of CIC, OCASI has hired Elisabete Way, President and CEO of Management Strategems Group to develop and deliver an advanced financial management curriculum.

The one-day workshop is designed to increase organizational capacity by enhancing knowledge and skills in the area of financial management. To ensure the training is relevant and practical to organizations, Strategems has identified capacity building needs in the sector through a gap analysis, interviews, focus groups and an online survey with individuals in the sector. Content of the training session includes:

  • Developing financial sustainability; effective resource development and management.
  • Improving financial risk management
  • Long term financial planning; developing a reserve fund
  • Dealing with an audit
  • Developing and implementing effective financial controls
  • How to interpret information in basic forms and reports
  • How to notice trends and negative indicators
  • Actions to counteract negative information and trends

For more information, please contact:

Petra Roberts at proberts@ocasi.org
tel 416-322-4950 ext. 252,

or

Linda Rosenbaum
lrosenbaum@ocasi.org,
tel 416-322-4950 ext. 285

Training

The Ontario Council of Agencies Serving Immigrants (OCASI) is pleased to invite Executive Directors, Financial Managers and Treasurers of the Boards of Directors of its Member Agencies to a one-day Training Workshop on Advanced Financial Management

The Advanced Financial Management Training Workshop is designed to develop organizational capacities by enhancing financial management knowledge and skills.  Executive Directors, Board Treasurers and Financial Managers of immigrant-serving agencies are encouraged to register, to a maximum of three registrants per one organization.

Please note that participation in the Advanced Financial Management Training workshop requires an understanding of sound financial principles.

Registration is now open

To register, click on the location of your choice:

York Region (Wednesday June 8, 2011)

8:30 a.m.-4:30 p.m.

Scarborough (Saturday June 11, 2011)

8:30 a.m.-4:30 p.m.

Windsor ( Monday June 13, 2011)

8:30 a.m.-4:30 p.m.

Sudbury (Thursday June 16, 2011)

CANCELLED

Hamilton (Thursday June 23, 2011)

8:30 a.m.-4:30 p.m.

Mississauga ( Saturday June 25, 2011)

8:30 a.m.-4:30 p.m.

Toronto French session (Monday June 27, 2011)

8:30 a.m.-4:30 p.m.

Ottawa ( Wednesday June 29, 2011)

8:30 a.m.-4:30 p.m.

Kingston (Thursday June 30, 2011)

8:30 a.m.-4:30 p.m.

Kitchener ( Wednesday July 6, 2011)

8:30 a.m.-4:30 p.m.



Please note that simultaneous translation will not be provided, and that seminars will be conducted either entirely in French or English.

The seminars are led by Elisabete Way, President and CEO of Management Stratagems Group.

A light breakfast, lunch and snacks will be served. There is no charge for the workshop. Costs for travel to distant locations will be reimbursed according to our guidelines. Contact Petra Roberts proberts@ocasi.org  for details.

Content of the training session includes:

·       Developing financial sustainability; effective resource development and management.

·       Improving financial risk management

·       Long term financial planning; developing a reserve fund

·       Dealing with an audit

·       Developing and implementing effective financial controls

·       How to interpret information in basic forms and reports

·       Financial Analysis: identifying controls, trends and negative indicators

·       Budgeting and forecasting

Essential preparation for the workshop:

To increase the usefulness of the workshop, participants are asked to prepare and bring the following documents to work on during the session:

·       Copies of your financial statements (preferably Balance Sheet, Income Statement, Cash Flow Statement and Variance Report)

·       Copy of your financial and audit policies

·       Copy of your Finance and Audit Committees Terms of Reference

·       Copies of any other documents that you presently use in financial management

·       A Calculator

Please note that closer to the training workshops, you will be sent a document outlining suggested topics for reflection and discussion with peers, board members, management and staff in preparation for the workshops.

Confidentiality:

Please note:  Any information brought to the session will NOT be discussed with anyone, nor will any other participants or facilitator see your agency’s private information.  This information is strictly for your own individual use during the training exercises.

Should you have any questions, please contact Petra Roberts atproberts@ocasi.org [322-4950 ext.252|(416) 322-4950 ext.252] or Linda Rosenbaumlrosenbaum@ocasi.org  or [322-4950 ext. 285|(416) 322-4950 ext. 285].

This project is funded by Citizenship and Immigration Canada