(OCASI)

The Ontario Council of Agencies Serving Immigrants

Is pleased to invite General Finance Staff and Program Managers working with budgets 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. General Finance Staff and Program Managers working with budgets of immigrant-serving agencies are encouraged to register.

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

The training has been developed and delivered by Elisabete Way, President and CEO of Management Stratagems Group.

When:

Tuesday August 28, 2012

Time:

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

Where:

Holiday INN (Downtown Toronto)

30 Carlton Street

Toronto, Ontario

M5B 2E9

Room: Rosedale

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 Fanieal Abraha fabraha@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,

·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 Fanieal Abraha at fabraha@ocasi.org or 416-322-4950 X.353

OCASI supports LGBTQ positive spaces.

OCASI strives to be a scent-free space. Fragrances and other scented products affect the health of many people. We ask that you refrain from wearing scented products at OCASI's office or events. We appreciate your co-operation.