For Board Members

This TSA  workshop  is  designed  for:

  • Tribal Council Members
  • School Board, Gaming Board, and Hospital Board Members
  • District Board Members
  • Housing Commissioners

Boards serve an important function for their communities and tribes.  One of the most important and measurable ways that Boards monitor the organizations they oversee is in the Financial area. Board members must have a clear understanding about the financial aspects of their organizations to be certain that Tribal and Funding Agency rules and regulations are being followed, and to effectively monitor the financial operations of their organizations. Board members also have a substantial role in the oversight of the Budgeting Process.

This TSA workshop has been created to help both [new] and [experienced] board members develop a greater understanding about the financial aspects of Board responsibilities. The workshop will make complex financial interpretations easy to understand by presenting the agenda in a relaxed, non-stressful learning environment.  TSA certificates will be presented to everyone in attendance.


Both Days:  9:00 am – 4:00 pm
  1. The critical role of board members in the budgeting process
  2. Explanation of the operating budget
  3. How a budget is developed
  4. What to do when budget revisions are necessary
  5. Reviewing budgets
  6. Explanation of various funding sources & their relationship to the budget
  7. Reviewing financial statements
  8. Monthly or quarterly financial monitoring at board meetings
  9. Reviewing year-end reports
  10. Requesting and evaluating bids
  11. Reviewing cash disbursement reports
  12. Monitoring investment policies (setting appropriate parameters)
  13. Reasonable financial internal controls which should be in place and monitored
  14. Purpose of year-end inventory records & inventory control procedures
  15. Purposes of certain financial policies
  16. Insurance coverage requirements including fidelity bond
  17. Board member controls to prevent fraud & abuse
  18. Recommended accounting processes for:
    • Receiving cash & checks (accounts receivable)
    • Paying bills (accounts payable)
  19. Audit requirements
  20. The most common problems found during audits
  21. Appropriate use of petty cash & change funds

If you would like to have more information about holding this workshop in your area, please CONTACT US.  Be sure to tell us in the message section which workshop(s) you are interested in.