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City Arts holding on... >
Managing through the Downturn: Key Legal and Finance Management Issues for Arts Organisations Today
26 March 2010
A seminar organised by CityArts with the support of the Arts Council and logistical backup by Business to Arts.
Aimed at Directors, General Managers and Board Members of Arts Council-funded arts organisations, this seminar will address the current critical legal and financial challenges the arts are facing.
Friday, March 26, 2010
Lecture Theatre, National Gallery of Ireland, Merrion Square, Dublin 2
Book online here:
http://www.cityarts.ie/managingthroughthedownturn
Closing date for booking is Monday, March 22, 2010 at 17.00 hrs
Agenda
09.45 - 10.00 Registration
10.00 Introduction:
Nick Reilly, General Manager, CityArts
Martin O'Sullivan, Director of Finance, The Arts Council
10.15 Legal Matters
Speakers: Declan Moylan, Chairman, Mason Hayes+Curran and a panel from MH+C
Chairperson: Maria Hegarty, Director, Equality Strategies & EU Commission expert on Employment matters
Topics:
- Governance: Responsibilities of companies limited by guarantee;
- Charity Legislation, including Mergers, Wind-Ups;
- Rights and responsibilities of Directors and Senior Staff, including collective responsibility by the board;
- Employment Law and Risk Management, including issues connected with redundancy, short-time working, notice etc
- Personal or other guarantees given by Directors or Agencies around bank or other borrowing;
- Legal issues around Solvency/Insolvency; Reckless Trading, Going Concern
Question and Answer Session
11.15 Coffee/Tea
11.30 Financial Matters
Speakers: Noel Browne, Senior Manager, Deloitte Touche Tohmatsu, Accountants plus a panel with specialities.
Chairperson: Kevin O'Driscoll, Business and Public Affairs Advisor
Topics
- Financial issues around Solvency/Insolvency; Reckless Trading, Going Concern within a practical business assessment;
- Cash flow v. Income and Expenditure;
- Financing a business re-positioning in a changing environment;
- Rights and Responsibilities of Directors and Senior Staff;
- Banking, Credit, Debt and working capital management;
- Revenue Commissioners and Tax matters;
- Personal or other guarantees given by Directors or Agencies around bank or other borrowing;
Question and Answer Session, including a session on alternative methods to raise working and long-term capital
Chairperson: Gavin Duffy, Communications Consultant
13.30 Light Lunch and opportunity for one to one sessions with expert speakers
14.30 Conclusion
Why this seminar?
As we know, our society and economy has faced a series of unprecedented financial challenges. The arts and cultural sector is not immune to this, many of us have seen revenue from several sources fall in the past two years. This situation will challenge organisations to look at their business model and plan carefully. This seminar is aimed at addressing the critical legal and financial challenges that you may face. We have secured the services of two of Ireland's leading law and accounting firms to provide user-friendly information for arts organisations to assist them plan at this challenging time.
Who should attend?
Your CEO/General Manager or most senior person charged with finance and legal matters in the organisation, in many organisations, an Artistic Director will assume this function, also your Board Chairperson or a senior board member. This seminar is likely to more relevant for organisations which employ staff or have issues in relation to taxation, including VAT.
How much does it cost?
The seminar is free but places are limited to 2 per organisation and are confined to organisations who are funded by the Arts Council for logistical reasons.
How do I book?
You must book on-line at:
http://www.cityarts.ie/managingthroughthedownturn
What will I be provided with?
Information from the key speakers and a light lunch plus tea or coffee.
Venue
Lecture Theatre, National Gallery of Ireland, Merrion Square, Dublin 2