Financial Management Tool
The SVA Financial Management Tool will provide non-profit leaders with the resources they need to understand and prudently manage the financial operations of their organisations.
How confident are you in your knowledge of your organisation’s financial state? How well is your organisation reporting its financial position to the board? How sustainable are the programs you operate? Knowledge of the principles of financial management is necessary for every organisation leader – in both the private and public arenas. For non-profit leaders in Australia today, this knowledge is increasingly important with the changing nature of income streams, funder demands and the sophistication of operations. Many non-profit CEO’s are skilled in people, program, organisational and stakeholder management and find that the reality of adding financial management expertise to their skill base is overwhelming. The SVA financial management tool provides non-profit leaders with the information, skills and templates they need to ensure that their organisation’s financial systems and processes are transparent, accurate, timely and well understood. It does not aim to train non-profit executives to be accountants.
This training is based on the well respected training already offered to non-profit organisations through SVA by Matrix on Board. For the first time, it is being converted to an online tool that synthesises the key lessons of this training. The tool will consist of a number of elements. It will offer an online lecture series supported by interactive lessons, case study analysis, facilitated tutorials and peer chat rooms. At the completion of the course, a short online examination will be offered to validate the learnings.
The training will help you to: - Be aware of the accrual accounting principles, and the impacts on revenue and expenditure reporting.
- Have a better appreciation of the way your non-profit organisation is performing at any point in time by understanding the construction and relationships of the key financial reports.
- Make more confident, prudent and visionary planning decisions with your knowledge of:
- The financial reports, including provisions and other legal obligations
- The role of the auditor
- The accountabilities of the Board and manager
The SVA Financial Management training tool will enter a pilot phase in June 2008. It is expected that the full training will be available by November 2008. Should you be interested in being part of this pilot, please contact Lisa Hagan on (02) 8004 6722. SVA is developing a short lecture and activity module as an introduction to the Financial Management training. This section of the website is currently under development. Notify us to receive notice of when this becomes available.
 More Information
For additional details on the Financial Management Tool, download and read this more comprehensive description.
To find out more about SVA Organisational Tools contact Lisa Hagan on (02) 8004 6722. Click here to learn more about SVA Workshops or SVA Consulting  Back to Top | 
SVA's online organisational tools are proudly supported by the Macquarie Group Foundation. |
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