Financial delegations

Any corporation will have specific tasks for a range of people inside and outside the organisation, whether they are a manager, director, bookkeeper, accountant or auditor. Appropriate processes should be in place to meet compliance standards and requirements. 

In this 1-hour workshop, an accounting lecturer will cover what typical financial delegations are and the responsibilities involved for directors and others in a corporation. 

You'll learn about

This workshop will cover topics including:

  • the financial responsibilities of the board, and what directors must do to fulfil their financial reporting responsibilities
  • the role and importance of internal controls
  • what is an internal audit
  • compliance requirements of ORIC, the Australian Charities and Not-for-profits Commission (ACNC) and the Australian Taxation Office (ATO)
  • the types of financial delegations and who is responsible for each role
  • the typical tasks delegated to bookkeepers, accountants and auditors
  • the questions directors should be asking to ensure these tasks are being carried out properly 

Who should attend

  • Directors and treasurers of Indigenous corporations
  • CFOs and accountants of Indigenous corporations who are delegated responsibilities

What you’ll receive

  • Plain-language training from an Accounting Lecturer with an opportunity to ask them questions
  • Copy of training materials

Format

Online

Length

1 hour

Maximum number of participants

30

Facilitator

This workshop will be presented by Mr Stephen Marsden, a Lecturer in the School of Accountancy at the Queensland University of Technology’s Business School. 

Costs

Free. ORIC covers costs of delivering the workshop.