Date: October 2^nd to October 23^rd (4-week course)
Location: Online
Time: 1:00pm – 2:30pm (ET), every Thursday
Early-Bird Offering: CAD$ 795.95 (ends on September 18^th, 2025)
Standard Price: CAD$ 995.95

About This Program:

Empower Your Financial Understanding with our 4-week program designed for professionals at the early stages of financial literacy. Gain the confidence to understand and analyze your organization's key financial reports, including income statements and balance sheets, and ask the right questions in the boardroom.

Why This Program Stands Out:

Designed by David Brown, Executive Vice-President of Governance Solutions, this program leverages his extensive financial expertise. With years of experience supporting organizations worldwide, David has trained senior leaders who were well-versed in governance but often intimidated by financial matters. This program equips you with the skills to confidently interpret financial reports, empowering you to understand key financial indicators like revenue, profit, cash, and capital.

With engaging sessions featuring practical tools and board simulations, this program helps you gain hands-on experience with financial reports.

"This series was incredibly helpful for me as a non-financial leader. I now feel more confident in understanding financials and supporting my board effectively."
^{Lora Meseman, Pro.Dir® – General Counsel, Winnipeg Community Centres}

Program Schedule:

October 2^nd | Keeping Score Through Growth: Understanding Revenue and the Statement of Income
Learn how to analyze growth through revenue and the income statement, understand the key drivers of revenue, and explore strategies for increasing income while distinguishing between volume and price variance.

October 9^th | Keeping Score Through Profits: Expenses, Profits, and the Statement of Income
In this session, we will explain how to evaluate profits and productivity, analyze earnings and expenses. You will understand the difference between cost of goods sold and operating expenses, and explore strategies for increasing income and reducing expenses while distinguishing between profit and cash.

October 16^th | Keeping Score Through Cash: Understanding Assets and the Statement of Financial Position
Learn how to manage cash effectively, understand balance sheets and fiscal years, identify different types of assets, and differentiate between income statements and balance sheets while exploring the concept of accounts receivable.

October 23^rd | Keeping Score Through Capital: Liabilities, Equity, and the Statement of Financial Position
In this session, we will talk about managing liabilities and equity, including understanding debt, current and long-term liabilities, deferred revenue, capital, reserves, and the difference between capital and working capital, as well as how retained earnings and net assets impact shareholder value.

Where Do You Fall on the Financial Literacy Spectrum?

This program is aimed at those who are early in their financial literacy journey (Level 2: Knowledge of basic financial statements). Not sure where you stand? Take our Financial Literacy Assessment to find out!

Available Resources:

By joining this course, you will gain access to curated materials, including Financial Literacy at the Board Level, How to Read and Understand Income Statements, A Manager’s Guide to Finance & Accounting, and more!


Key Takeaways:

• The Growth Score: Understand revenue and the statement of income.
• The Profit Score: Learn about expenses, profit margins, and how to evaluate bottom-line performance.
• The Cash Score: Get comfortable with assets and the statement of financial position.
• The Capital Score: Learn about liabilities, equity, and their roles in financial statements.

"Found the examples useful and the formulas helped put things in perspective".
^{Paul Ayotte – Director, Kawartha Credit Union}

Who Should Attend:

This program is perfect for governance professionals, directors at all levels, managers, and business leaders who want to gain the skills to independently interpret financial reports. You'll build confidence in understanding key financial indicators such as revenue, profit, cash flow, and capital, empowering you to make informed decisions.


Group Discount Available:
Good governance is best when it’s a shared effort. Group discounts are available for teams of 5 or more. Contact Rafael Mazotine at mazotine@governancesolutions.ca for discount codes or to arrange an invoice.


Missed a Session?
Don’t worry! Replays, handouts, and presentations are available on your materials page for one year after the course.

^{Cancellation Policy: The registration fee is non-refundable for cancellations made less than 30 days prior to the program’s first live session. In this case, you may either transfer your registration fee, once, to a similarly priced seminar future training course, or arrange for a substitute person to attend. Those who do not cancel and do not attend are responsible for the full registration fee. Governance Solutions reserves the right to cancel or reschedule and will give notice in advance.}