Financial Management Services for First Nations
BDO’s Aboriginal Financial Group can work with you to avoid intervention or to de-escalate to lower intervention levels. We have met financial targets in Remedial Management Plans 100% of the time. Now let us help you meet your financial goals.
Services we provide include:
- Financial Advisory Services
- Remedial Management Plans
- Budgets and forecasts
- Accounting and internal control systems
- Debt Retirement and Creditor Settlements
- Co-Management
- Third Party Management
When to use us?
AFG works with First Nations, their programs and entities at all levels of financial intervention. Typically intervention of a band can occur when:
- The financial situation worsens
- Political instability takes place
- Essential program delivery is threatened
- Members health and safety is compromised
We suggest contacting AFG before intervention or when in intervention to promote good governance and positive change.
Advantages
We are able to provide a team of highly trained and dedicated professionals, with proven experience in dealing with highly sensitive and political situations while addressing the fundamental problems, and not simply the symptoms of First Nations’ financial situation. We will provide ‘value added’ financial advice and work with you to produce effective management decisions applying our broad range of experience obtained through working with First Nations. These services can be provided on a short term emergency basis or on longer term debt retirement and de-escalation processes. We have a thorough understanding and sensitivity to First Nations, funding agencies policies and regulations and associated programs and services delivered to First Nations in Canada. AFG has the proven ability to communicate effectively with Chief and Council, Band Administrators and the band membership.
How Can BDO Help?
Our management team provides you with:
- A good knowledge of issues facing First Nations and the needs of the community
- Proven ability to work, communicate, negotiate and report to all stakeholders
- The ability to guide, direct, and implement financial management systems and controls
- A track record of proven management, organizational and leadership skill level
- Most importantly, by de-escalating or avoiding intervention, BDO allows you to maintain financial control of your programs and organizations.
For more information contact:
Russ Paradoski
Office: 204.956.7200
Email: rparadoski@bdo.ca
