Legal Responsbilities and Financial Management

In today’s rapidly changing environment, some of the biggest changes are the increasing legal expectations on boards and committees. The demands on governance boards of not-for-profit organisations have never been higher.

A key task for a board is to set up good evaluative and review practices to ensure the board and the organisation are doing the right things the right way and to the right standard. This includes increased financial accountability, compliance reporting standards, risk management and funding pressures.

This workshop will explore what the legal obligations of being on a governance board are. What do you need to know about limited liability for NGOs and where is the limit of legal responsibility as a board member?

Discover some of the new obligations that have arisen such as the Health and Safety in Employment Act and the Vulnerable Children’s Act, changes to the Incorporated Societies Act and the (XRB) financial reporting standards, as well as how to manage cyber security and the risk of fraud.

The Governing body is ultimately responsible for the organisation’s financial state. They have a number of legal responsibilities depending on the legal structure and founding documents.

This workshop will explore the financial responsibilities of Governing Boards, Treasurers, Managers, CEOs, and accounting staff; accrual vs cash accounting; how to read financial statements; and the different types of financial reviews, including audited accounts.

DATE & TIME: 12th June, 10am -3.30pm (catering provided)

COST: $60 per person
VENUE: Waiheke Library, 131-133 Ocean View Road,
Oneroa, Waiheke Island
REGISTER: info@ancad.org.nz
PHONE: 09 486-4820