Financial Management Resources 2017-05-19T05:29:47+00:00
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Financial Management Resources

Creating and implementing strong financial and asset management processes and procedures can assist an organisation to achieve its purpose and business objectives.

The following resources are designed to supplement the existing financial policies and procedures of Indigenous organisations engaged in investment opportunities with IBA.

Operational instruction or procedure

Operational instruction or procedure

Managing the fixed assets of an organisation.

Recording planned and actual expenditure.

Identifying, describing and managing risks to an organisation.

Recording and managing cash receipts.

Paying wages and salaries to directors and employees.

Managing purchases and payments owned by an organisation.

Managing sales and payments owing to an organisation.

Preparing financial statements and managing financial reporting.

Indigenous Investment Principles

The Indigenous Investment Principles (IIP) aim to provide an investment framework for Aboriginal and Torres Strait Islander organisations and communities to create intergenerational wealth.

Representatives from more than 40 Indigenous organisations worked together to create the principles, which address some of the common identified challenges and opportunities their respective organisations have faced in establishing effective governance and investment strategies.

The Principles are designed to assist organisations and communities with varying levels of financial knowledge, social and financial infrastructure to assess their individual circumstances and formulate an investment strategy that best meets their needs and aspirations.

Read more about the Indigenous Investment Principles.

We welcome your feedback

IBA aims to ensure that these resources remain relevant and meaningful to our Indigenous investment partners and stakeholders. If you have any feedback please email us.

For further information

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