Charity Village Webinar: Critical Financial Controls for Small to Medium Non-Profits and Charities

Employee theft, fraud and embezzlement are surprisingly prevalent in the nonprofit and charity sector. Fortunately, this is almost entirely preventable – with the right internal controls. This webinar will outline the types of financial internal controls required to protect the assets and reputations of your organization and its directors.

 

On March 23, 2017, Humanity Financial President & CEO Gordon Holley will present a complimentary, one-hour webinar on the financial controls that small to medium size non-profits and charities should implement to minimize risk.

Charity Village is the Canadian non-profit sector’s largest and most-popular online source for recruiting, news and how-to information.

Who should attend? Board members, leaders and executives

Cost: complimentary and available through Charity Village

Topics included:

  • How employee theft, fraud and embezzlement typically happen.
  • Why many nonprofit organizations and charities are good targets.
  • The most common methods of employee theft, fraud and embezzlement.
  • Basic internal controls that most nonprofit organizations and charities should have in place to protect themselves.

*This webinar will be recorded and available for access on charityvillage.com after March 23, 2017.

Canadian Charity Law Association Webinar: How To Read and Understand Financial Statements for your Small Non-Profit Organization

Humanity Financial President & CEO Gordon Holley will present a complimentary, one-hour webinar titled “How to Read and Understand Financial Statements for your Small to Medium Non-Profit or Charity” to the Canadian Charity Law Association on March 15th, 2017.

Who should attend? This webinar is perfect for board members and directors who want to build confidence in the financial reporting and analysis of their organizations.

Cost: complimentary and available through the Canadian Charity Law website.

Topics included:

  • Which financial reports should we be receiving as board members?
  • What is my role in reviewing financial statements and reports?
  • What do I need to understand in order to discharge my financial governance responsibilities?
  • What should I be looking for in a Statement of Financial Position (or Balance Sheet)?
  • What should I be looking for in a Statement of Operations (or Income Statement)?
  • How is a Statement of Cash Flows different from a Statement of Operations?
  • What roles do external accountants play in our financial reporting?
  • What roles do internal bookkeepers and accountants play in our financial reporting?
  • Are we required to have an Audit? When is it OK not to have an Audit?
  • Why is the Revenue Recognition Policy so important? How does it effect the financial statements?
  • What is a Reserve? And why should every NFPO and Charity have one?
  • What is the difference between externally restricted assets and internally restricted assets?

Gordon Holley Honoured with Community Service Award from Chartered Professional Accountants of British Columbia

In a ceremony held in Vancouver on February 17, 2017, Humanity Financial Management Inc. President and CEO Gordon Holley received the Distinguished Award for Community Service from the Chartered Public Accountants of British Columbia.

The award is given to CPAs who invest their time, leadership skills and accounting acumen to make our communities better.

A lifelong volunteer, Gordon was honoured for his recent work with the West Vancouver Community Foundation, the Ambleside Dundarave Business Improvement Association, Vantage Point and the Institute of Professional Bookkeepers of Canada, among other organizations. He has served on the board of directors of each organization, helping to strengthen their capabilities and transform their services to meet future challenges.

The president and CEO of CPABC, Richard Rees, FCPA, FCA said “The philanthropic work of volunteers like Gordon brings a positive impact on communities and the lives of others. He is truly deserving of this award.”

Read more about the award on the CPABC website or in the official media release

Gordon Holley Appointed to Reconciliation Canada Board of Directors

In January 2017, Humanity Financial Management Inc. President and CEO Gordon Holley was appointed Treasurer of the Reconciliation Canada – A New Way Forward Society board of directors.

Reconciliation Canada is leading the way in engaging Canadians in dialogue and transformative experience that revitalize the relationships among Indigenous peoples and all Canadians. The organization develops partnerships and community outreach programs across the country, and was instrumental in hosting events to coincide with the closing of the Truth and Reconciliation Commission of Canada.

Read the announcement welcoming Gordon to the board of directors on the Reconciliation Canada website.