Matrix on Board

Wednesday, August 18, 2010 - 13:46

Matrix on Board is a consultancy group, specialising in providing financial management, management support and training and development to non-profit organisations across Australia.

Address

PO Box 418 Broadway
3124
Australia

Website: http://www.mobtraining.com.au

Contact

Name: Johanna Williams

Phone: 02 9281 1700

Fax: 02 8572 5324

Email: Contact Matrix on Board

About

Matrix on Board specialise in providing financial management, management support, training and financial education to non-profits and social enterprises across Australia. Matrix on Board Training was established in late 2009 specifically to build on our experience of providing training programs in financial literacy to non-profit organisations.

Matrix on Board Training offers a wide range of courses including online training programs, international training, “Boost Breakfast” workshops and face-to-face training sessions.

We want every non-profit and social enterprise to make a positive and sustainable impact on their community. We believe that organisations are truly responsible for their own destiny and we will help to develop well-considered plans and budgets and ensure that effective management and financial systems in place.

We work to strengthen organisations by creating compelling ideas, powerful systems and talented people.

Our key areas of service delivery include:

Financial Services

Bookkeeping and Accounting
Budget Development, Review and Management
Financial Reporting for Management and Boards
Legal Obligations - Audits, Acquittals, ATO Compliance, BAS
Standard Chart of Accounts
Remote Processing (Cloud Accounting)

Planning and Evaluation

Business and Strategic Planning (including Planning Workshops)
Organisational Review and Development
Program Evaluation
Capacity Assessments
Research Projects

Business Development

Fundraising and Funding Submissions
Tender Preparations
Marketing Plans

People and Participation

Group Facilitation
Recruitment and Retention
HR Policies and Procedures
Employment Issues

Training and Education

Matrix Accredited Training
Coaching and Mentoring
Seminar and Workshops Series
Governance and Board Development
Financial Literacy Education

Examples of work

Understanding Financial Reports and Auditors Statements for Non Profit Organisations

This workshop has been delivered to over 2000 non-profit managers and Board members around Australia. Through the day, the workshop addresses the concepts behind accounting, and the roles of bookkeepers, accountants, auditors.

The workshop includes practical exercises, and covers what non-profit decision makers need to know to make effective decisions. The workshop presents the material in a non accounting way, and promises thatparticipantswill‘get’thepointoftheBalanceSheetandhowtoreadone!

The course is intended to assist staff and management committees to:

Understand the difference between accrual vs. cash accounting
See how accrual accounting impacts on revenue and expenditure
Understand what provisions are and what impact they have on expenditure, liabilities and the organisation’s financial viability
Understand the basics of budget development and monitoring
Prepare and be able to read financial reports, including the Balance Sheet and Income and Expenditure Statement
Understand the terminology used in and elements of a financial statement (e.g. assets, liabilities, equity, income and expenditure)
Discuss the legal obligations of staff and Boards when making financial decisions, and the role of financial statements
Identify the accountabilities of the Board and Manager
Understand the terminology used in the auditor’s reports, and discuss the role of the auditor and how to better work with the auditor
Learn some of the implications of taxes for non-profits (eg.GST, FBT, PAYG)