Understanding finances for corporations

What is this training about?

This workshop provides a basic introduction to understanding finances in Aboriginal and Torres Strait Islander corporations. Topics include:

• Directors responsibilities
• Bookkeepers, accountants and auditors
• Reading and understanding financial statements
• Budgeting
• Solvency and ratios

Format

Workshops may be in person or online.

How are the workshops structured?

In-person workshops run for one day, from 10:00 am to 4:00 pm. Online workshops are shorter. 

You must attend the entire training session to receive a certificate of attendance.

How much does it cost?

ORIC's training workshops are free to attend, and ORIC covers costs of providing the trainer, workshop materials, hiring the training venue and catering (morning tea and lunch).

For one-day courses ORIC doesn't offer any assistance with travel costs or accommodation. We also don't pay sitting fees and cannot provide child care. 

Who can attend?

Applications are welcome from all directors and members of Aboriginal and Torres Strait Islander corporations registered under the CATSI Act. If you're a corporation employee we prefer that you come with a director of the corporation.

When we look at applications, we prioritise directors of corporations (so make sure your corporation's records are up to date in the Register of corporations) and people in the local area.

We expect

Participants to be committed to the training, have a sense of fun and be willing to work with and learn from others.

We also expect participants to show respect for themselves, other participants and the trainer.