How to Ensure Your Association is Financially Sustainable

Unlock the Secrets to Financial Health for Your Association

In today’s rapidly evolving economic landscape, staying financially healthy is paramount for associations and not-for-profit organisations. Understanding and managing finances with skill and foresight can be the difference between merely surviving and truly thriving. Join us for an enlightening webinar designed specifically for financial officers, board members, and key decision-makers within the association sector.

What you'll learn:

  • What should be include in our annual budget?
  • How much should we charge for our membership subscriptions?
  • As a not for profit, should we make a surplus? If so, how much should this be?
  • We have cash reserves – what should we do with these?
  • I am on a Board and receive a set of management accounts – what should I be aware of
  • Cash versus accrual accounting – what is the difference and what is best for my association?


Event Details

  • Date: Thursday 12 September
  • Time: 12 noon to 1.00pm
  • Venue: Online via Zoom 
  • Cost: 
    • AES Members: FREE
    • Non-Members: $50

Why Attend?

This comprehensive session will delve into the critical financial challenges that most associations face today, with a particular focus on Australian regulations and best practices. Whether you're looking to refine your budgeting skills, optimize membership revenue, or make informed decisions regarding surplus and reserves, this webinar will equip you with the knowledge and tools you need.

Who Should Attend?

This webinar is ideal for CFOs, financial managers, board members, treasurers, and anyone involved in financial decision-making within an association or not-for-profit context. Whether you’re new to the sector or looking to update your financial management skills, this webinar will provide valuable insights and actionable solutions.


About the Presenters

Susan Barbour, Owner of Subar Assurance

Susan has over 30 years’ experience working in accounting firms in both Australia and overseas.
Having qualified as a Chartered Accountant in Australia, Susan worked in London for seven years, and loved travelling around Europe performing audits in locations such as Monaco, Cyprus and Russia. She then worked in Vladivostok Russia for three years, heading up the office and international audit division of an internationally recognized mid-tier firm. Upon return to Australia, Susan worked in audit firms in Melbourne for 10 years before setting up her own firm, enabling her to provide the very best service to her clients.
In addition to audits of companies and not-for-profits, Susan regularly provides her clients with advice to help them achieve their strategic goals – whether it is changes to accounting procedures; assisting in strategic plans or setting of budgets.

Nick Koerbin, Executive Director, AES

With over 30 years of management expertise, Executive Director and Founder of AES, Nick Koerbin is one of the most experienced NFP leaders in Australia. He has held positions as the CEO of Materials Australia, the National Parts Code, as well as senior positions in the Institute of Insurance, Australian Quality Council, the Financial Planning Association, the Australian Human Resources Institute, and the Furniture Industry Association of Australia. Nick created AES with a vision of creating a set of management practices that could be consistently followed to ensure success. Over his 30 years in the industry, he noticed that inconsistent management practices often impeded delivery of services to members, which in turn created issues with membership renewal. By establishing AES and creating the NFP Association Best Practice Self-Assessment, Nick has been able to assist leaders in becoming more confident and informed decision makers so that they can create more effective strategies and implementation plans.


Need more information?

Phone us on 03 8393 9382 or register your details and we will be in touch.

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