co-ownership Accounting Basics: Understanding and Interpreting Financial Statements

The financial management of a co-ownership syndicate relies on a clear understanding of financial statements and the various funds administered by the board of directors.

Yet many board directors are required to make important decisions without having any formal accounting training.

Understanding a budget, interpreting a balance sheet, or analyzing variances between projected and actual results is nevertheless an essential component of sound governance.

A better understanding of financial documents enables directors to anticipate potential issues, ask the right questions, and make informed decisions for the benefit of all co-owners.

During this webinar, our panelists will present the principal financial statements of a syndicate, explain the purpose of the various funds, and demonstrate how to interpret financial information without being an accountant.

They will also discuss the most common mistakes as well as the key indicators used to assess the financial health of a co-ownership.

Using practical examples, participants will develop the knowledge needed to better understand the financial documents presented to them and carry out their role with greater confidence.

Program Highlights

• Understand the financial structure of a co-ownership syndicate.
• Interpret key financial statements without accounting expertise.
• Understand the purpose of the different funds and the rules governing their use.
• Identify variances between budgeted and actual results, and understand their impact.
• Recognize the indicators used to assess the financial health of a co-ownership.

Develop the knowledge you need to better understand your co-ownership's finances and participate confidently in budget-related decisions.

Panelists:

Aline Désormeaux Founding Partner of the accounting firm Désormeaux Patenaude Inc.

Jasmin Patenaude Founding Partner of the accounting firm Désormeaux Patenaude Inc.

Schedule:

6:00 p.m. to 7:30 p.m.

Registration

You can now register for our activities by completing your payment online.

If you require an alternative payment method, please contact us at evenements@rgcq.org.

Please note that a $5 processing fee will be added to your invoice for registrations completed manually.

Cancellation Policy

You may cancel your registration up to 48 hours before the event to receive a full refund.

After this deadline, no cancellations, credits, or refunds can be issued.

📞 Need assistance with your registration or have questions about our activities? Contact us at evenements@rgcq.org or call 514-916-7427 ext. 102.