While the Covid-19 pandemic has made predictable budgeting more difficult than usual, it is also more critical than ever to be reviewing and adjusting your financial forecast on a regular basis. Learn tips on forecasting and details of governments programs to support non-profits, charities, and co-ops that most housing providers can access.
Cheryl Baldwin with BCP Consulting will provide an overview of how to track and analyse changes in revenue and expenses to plan for the short and longer-terms.
She will also discuss the various financial programs that most housing providers will qualify for: eligibility, how to apply, and how to appropriately account for them. This includes the CERB program for employees; the 10% and 75% wage subsidy programs; the CEBA loan program; tax deferral options, and the provincial loan for those who don’t qualify for federal supports. Combined, these programs could provide thousands of dollars in additional revenue to support adjustments to operations, additional programming or tenant resources, and cover additional costs or reduced revenues.
Who should participate: Managers, book keepers, and/or financial administrators
Cost: