Budgeting and Financial Statements Workshop

This workshop introduces participants to the core principles of budgeting and financial reporting, with a focus on practical skills that support effective program planning and financial management. Participants will learn how budgets are developed, how financial statements are interpreted, and how these tools support informed decision making in First Nations organizations.

Learning Objectives

Upon completion of the budgeting module, participants will be able to:

• Gain an understanding of budgeting
• Gain an understanding of financial statements

Topics Covered

Budgeting

• What a budget is
• Key components of effective budgets
• Preliminary program budgets
• Program workplans and appropriations
• Full budget cycle

Financial Statements

• Reporting frameworks
• Balance sheet
• Income statement
• Debt
• Cash flows
• Remeasurement gains and losses
• Schedules of revenue and expenditures
• Schedules of remuneration

Presented by:

Justin Jimmy, CPA and ICD.D certified corporate director, brings more than a decade of experience in financial management, governance, and capacity building. As CEO of Urban Cree Consulting, he supports Indigenous governments, organizations, and businesses with tailored financial and governance solutions.

His background includes leadership roles across First Nations, the corporate and for‑profit sector, Indigenous not‑for‑profit organizations, and advisory boards. His expertise in financial reporting, governance, and community‑focused initiatives positions him as a trusted leader in advancing strong, culturally grounded financial practices. Justin is Cree from Onion Lake First Nation.

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