Time 11 AM – 12:30 PM
The effective financial management of a firm relies on establishing a financial system and applying discipline to manage financial resources. This session will help you develop an understanding of the relationships between income and expenses and being cognizant that much of the income of a firm must be set aside for expenses.
- Describe the four components of a financial management system in an architectural practice;
- Develop a start-up budget for a new architectural practice; and
- Establish the “book rate” for billable hours.
Basima Roshan, MBA, CPA
Basima Roshan leads Innovia Partners’ change and transformation practice. She joined Innovia after leading complex internal projects for a Fortune-500 company that delivered enhanced capabilities and increased effectiveness and profit. Basima guides Innovia’s clients through the changes in structure, processes, and people they need to meet business and market challenges.
Currently, Basima advises several leading architectural firms and creative businesses. She also serves as interim director of finance of a large Canadian architectural practice, providing focused counsel and leadership with the goal of optimizing operational and financial performance.
Basima has a Queen’s MBA, holds a Bachelors of Commerce (Finance), and is a Chartered Public Accountant (CPA).
OAA Architect, LTOAA $39 + HST
OAA Interns $29 + HST
Non-Members: $59 + HST
REGISTRATION IS CLOSED