IGBM 3250

In this course, students develop a comprehensive understanding of financial management principles within the unique context of Indigenous communities in Canada. Students explore the intricacies of funding and governance in Indigenous communities, gaining insight into budgeting, strategy, policy, and financial reporting. Practical financial management skills will be emphasized, including bookkeeping basics, interpreting financial statements, and understanding lending processes. By the end of the course, students will understand the importance of internal controls, audit functionality, accountability and will appreciate the varied and unique financial issues that Indigenous bands and on-reserve organizations, businesses and entrepreneurs have to manage. Corequisite(s): One of Indigenous Governance and Business Management 2500 or Indigenous Studies 1000 Equivalent: Management 3500/Indigenous Studies 3250 (prior to 2021/2022)