Finance for the Arts
in Canada

Explore the Book

Finance for the Arts in Canada is a unique Canadian reference guide, self-study resource and textbook for the accounting and financial management functions in not-for-profit cultural organizations.

Written by a liberal arts grad, this outstanding book delivers excellent instructional value in clear, elegant prose. Young's comprehensive approach to the technical aspects of cultural management yields an indispensable resource for anyone concerned with the financial success of their organization.

Finance for the Arts in Canada is an essential tool for:

General Managers and Executive Directors
Business Managers and Administrators
Accountants and Bookkeepers
Any Manager with Budget Responsibility
Artistic Directors
Treasurers
Presidents
Boards of Directors
Arts Management Instructors
Arts Management Students

Finance for the Arts in Canada features:

Straightforward, step-by-step explanations of core accounting and finance tasks
- Double-entry bookkeeping
- Financial statement preparation
- The accounting cycle
- Documentation and records-keeping
- Mid-year and year-end reporting
- The financial planning cycle
Practical tips and techniques for excellent financial management
- Effective budget preparation
- Successful financial control strategies
- Sound cash management
- Appropriate financial reporting methods
- Healthy relationships with boards, funders, lenders and other stakeholders
- Powerful analytical tools
- Constructive management during deficit and surplus situations
Essential contextual information
- Legal framework of not-for-profit and charitable organizations
- Comparison of commercial and not-for-profit management approaches
- Generally accepted accounting principles
Glossary containing 200+ definitions of key accounting and financial terms
Numerous end-of-chapter questions with answers
- Test your comprehension
- Test your practical skills
- Refresh your basic arithmetic

Special thanks to Theatre Ontario and Humber College for spearheading a project funded by the Cultural Careers Council of Ontario, which helped to support the creation of this book.

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