Getting financial management right

The key to getting management right is good financial management. Without it you can't get the other management outcomes you need, like keeping the co-op full and in good repair, meeting your legal requirements, and supporting it all on a foundation of good governance. Good financial managers understand the results they're looking for and know how to get them. The board's job is to make sure the finances are well-managed by qualified people. We'll show you, step by step, how to:

• adopt a workable budget each year
• collect housing charges--all of them, on time, every time
• protect your assets with good financial controls and insurance
• make sure your bills are paid in full, on time
• ensure that your books and financial records are kept up to date
• understand and use your financial statements to make sound decisions and get good results
• put sound capital plans and investment strategies in place
• support your financial management with good policies and procedures.

Available as a portable workshop