Valley Heartland Community Futures has partnered with CPA Canada to offer a series of live webinars through their Financial Literacy Program aimed at promoting financial literacy education at the grassroots level. These webinars will be delivered by member volunteers of CPA Canada Financial Literacy, who are experts in the field.

Financial Survival for Entrepreneurs

Tuesday, June 13, 2023, at 8:00 AM

Outline:

• Managing growth and expansion
• Key numbers to understand and monitor
• Doing the math: the ratios that make or break you
• Case study: Scarves from the North
• Financing: the big league
• Tax

Learning objectives:

• To be able to understand the management of growth and expansion
• To be able to identify the key numbers to understand and monitor
• To learn tactics of seeking out financing
• To learn effective tax strategies

Audience: Entrepreneurs beyond the first 3 years of operation

Speaker: Scott Elliott, CPA

Speaker Bio: www.linkedin.com/in/scottgelliott

Understanding Financial Statements for Non-Financial NFP Directors

Tuesday, June 20, 2023, at 8:00 AM

Outline:

• the role and responsibilities of the board, management and the auditor in financial reporting
• the concepts and terminology of financial reporting in the NFP sector
• the ways in which donations to the organization can be accounted for
• the various financial statements you will encounter in your role as an NFP director

Learning objectives:

• to understand the responsibilities of a NFP board member in relation to organizational finances
• to enable directors of NFPs who do not have a financial background in understanding the financial statements of the organizations they serve

Speaker: Jean-Marie Chan Kin, CPA

The Top 5 Common Mistakes Startups Make

Wednesday, June 21, 2023, at 8:00 AM

Outline:

• Introduction
• The business plan
• What’s your structure?
• Staffing: You can’t do everything
• Cash flow and financing
• Taxes – even when operating at a loss, are you ready for the big time?

Learning objectives:

• To be able to identify the value of a developing a business plan
• To be able to identify business structure
• To get a better understanding of monitoring cash flow
• To be able to make informed decisions regarding taxes

Audience: Entrepreneurs within the first 3 years of operation

Speaker: Amanda Bassin, CPA