Financial Management
Mandatory for all committee members
Financial management is not just the job of the treasurer - the entire committee is accountable for the financial performance of your student association and every committee member should have a good understanding of how to read and interpret the club’s finance reports.
The Guild have the right to access to the financial records of the club via the provided financial management software and may audit or review club financial records at any time to ensure compliance and financial responsibility, and verify that transactions have been accurately reported. Accurately recording club's financials records on a regular basis is a very important for the club's financial health and success. When records are up-to-date, Treasurers can provide the club's financial status at Club Committee Meetings where decisions are made to spend club funds such as running events, purchasing merchandise etc.
To support your club in successfully completing your AGM and meeting requirements for next annual renewal, the Guild requires all clubs to complete a Financial Management Workshop.
Important: This workshop is compulsory and focuses on financial governance, including training on how the Guild expects clubs to use your club’s MYOB software.
About the Workshop
Managing club finances is a serious responsibility. While the Treasurer leads financial record-keeping, the entire committee is accountable for ensuring finances are accurate, transparent, and compliant.
This workshop is designed to help your committee:
- Maintain accurate and up-to-date financial records using MYOB
- Understand responsibilities and financial decision-making
- Prepare clear financial reports for your AGM
- Meet Guild requirements for compliance and registration renewal for each new year.
The session will be delivered by professional staff within the Guild Club Support Team and developed based on common challenges and issues identified across clubs.
Session Details
Date: Wednesday, 5 August
Time: 12:15PM – 1:45PM
Location: Curtin Bentley Campus (room details provided after RSVP)
Light Lunch provided
Who Should Attend?
- Mandatory: Treasurer, President, Vice President & Secretary.
- Recommended: All other core committee who may participate in regular committee meetings where financial decisions are made. assist with treasurer role during absences or in peak times.
RSVP Required: If you are unable to attend, you must ensure someone from your club registers to attend.
Sourcing Sponsors
How can managing your finances, grants and funding sources not be reactive, but proactive? This workshop will allow leaders to maximise the value delivered to their students, support innovative ideas coming to life while meeting financial requirements necessary for the long term success of the student group. You will learn how to:
- Identify sources of funding available at your university
- Describe what is required to meet the funding/grant requirements and where to access necessary application forms/processes
- Build a budget for an event and the year ahead
- Identify potential costs for their group over the calendar year
- Diversify income sources to maximise value delivered to students
Delivered by Josh Farr - Campus Consultancy. Learn more about Josh and his history leading his own club in 2013 and delivering training to University clubs across Australia.