Deadline: 11-Oct-22
The Australia Council for the Arts is accepting applications for its Governance Training for Organisations (1.5-day course) for Not-for-Profit Directors with the Australian Institute of Company Directors (online delivery).
Australia Council for the Arts is delighted to offer world-class governance training with the Australian Institute of Company Directors (AICD) for organisations via the Governance Foundations for Not-for-Profit Directors Course.
This 1.5-day course, to be delivered online, will provide participants with an understanding of fundamental compliance and performance related roles and responsibilities of not-for-profit directors, specifically in the areas of governance, risk, strategy and financial performance.
How much does it cost?
- Australia Council is supporting a number of fully subsidised (free) places in this course.
Outcomes
- Examine the duties and responsibilities of directors in NFP organisations.
- Outline the role of the regulatory authorities in the NFP sector.
- Compare the role of directors in NFP organisations with the role of directors in the commercial sector.
- Explain the role of the board in developing strategy.
- Establish the link between strategy and risk management, risk culture and effective leadership.
- Explain the major elements of the financial statements and the linkages between the financial statements.
- Identify a director’s duties with regard to an organisation’s financial statements and financial reports.
- Discuss the board’s role in improving financial performance.
- The program consists of three half-day courses:
- Duties and Responsibilities of the Not-for-Profit Director
- Strategy and Risk for the Not-for-Profit Director
- Finance for the Not-for-Profit Director
- This program has a length of 1.5 days with further time allocated for completing the pre-coursework (approximately half a day in duration). To support the learning within this program, participants who enrol in the program also receive a recording of The Role of the Not-for-Profit Director webinar and access to the Interpreting Financial Statements eLearning course.
Eligibility Criteria
- This opportunity is only open to:
- CEOs, Executive Directors and General Managers or those in an equivalent role (as well as staff acting as the Board secretariat) from small-to-medium arts organisations
- Organisations with less than $1.5M annual turnover who do not receive Multi-year Investment from Australia Council
- CEOs, Executive Directors and General Managers or those in an equivalent role in the first 3 years of their tenure with no formal governance training.
- Only organisations may apply for this opportunity. You must be an Australian based arts organisation.
- You can’t apply if:
- you are an individual
- you receive Multi-year Investment via Four Year Funding, Visual Arts and Craft Strategy or National Performing Arts Partnership Framework
- you have undertaken previous training with the Australian Institute of Company Directors or equivalent training
- you have an overdue grant report
- you owe money to the Australia Council
- you are applying as a group.
For more information, visit https://australiacouncil.gov.au/investment-and-development/leadership-program/governance-training-for-organisations-1-5-day-course/
