Governance Foundations for Not-for-Profit Directors

Tue 17 - Wed 18 Oct 2017
9.00am to 12.30pm

(Arrival time: 8.45am)
20 This event will earn you 20 DPD units

Location

Wirraway Business Centre, Darwin International Airport
Henry Wrigley Drive
Eaton NT
MAP

Cost

Single Members: A$1,090.00 Non-members: A$1,535.00
The Governance Foundations for Not-for-Profit Directors will provide participants with an understanding of fundamental compliance and performance related roles and responsibilities of directors, specifically in the areas of governance, risk, financial performance and strategy.

This program is offered over 1.5 days and includes the following 3 courses:

Duties and Responsibilities of the Not-for-Profit Director

  • Gain an understanding of the role of the not-for-profit director in governing the organisation and how this differs to the for-profit sector.
  • Understand the potential liability of directors and committee members.
  • Appreciate the balance between the compliance and performance roles of the board.

Strategy and Risk for the Not-for-Profit

  • Appreciate the director’s role in setting and overseeing strategy whilst monitoring risk.
  • Identify the link between strategy and risk management, risk culture and effective leadership.
  • Enhance organisational performance through effective contribution to strategy formulation.
  • Understand personal risk appetite and how this affects board decisions.

Finance for the Not-for-Profit Director

  • Learn to interpret the major elements of the financial statements and the linkages between them to evaluate the financial performance of the organisation.
  • Explore how to apply and interpret financial ratios applicable to not-for-profit organisations.

Who should attend?

This program is suitable for:

  • Executives accepting their first directorship
  • Those who are considering accepting a directorship
  • Executives who report directly to a board
  • Directors who are seeking to transition into not-for-profit directorship
  • Directors of not-for-profit companies and community organisations

There are no prerequisites for this program.

How will I benefit?

Upon completion of this program, you should be able to:

  • Identify the key duties and responsibilities of directors in the not-for-profit environment
  • Appreciate the potential personal liability of directors and council members
  • Understand governance structures as they apply in the not-for-profit context
  • Consider the differences/similiarities and nuances of the director’s role in the not-for-profit/for profit sectors
  • Understand the role of directors in overseeing the strategy formulation and risk management approach of the organisation
  • Review the financial statements and the linkages between them
  • Discuss how directors in the not-for-profit sector can link the financial statements to understand the ‘financial story’ and health of the organisation

Blended Learning

To further support your learning and provide you with the flexibility to develop your skills in your own time, participants who enrol in the full program (all three courses) will also receive complimentary access to Interpreting Financial Statements (eLearning course) and a recording of The Role of the Not-for-Profit Director webinar. It is recommended participants access these resources prior to attending the program.

Mode of study

Interactive facilitated sessions

eLearning and webinar (pre-work)

In-House Delivery Option

The Governance Foundations for Not-for-Profit Directors is also offered through our In-House service.

Duration

1.5 days (+ pre-work)