Creative Australia is pleased to share a new 10-part video series on board financial literacy and capability which is now freely available on Creative Australia’s Governance Hub.
The ‘Board Financial Fluency’ series was created in collaboration with professional board director Carole Campbell FAICD and is designed as an entry-level learning resource for board members of arts and cultural organisations who are looking to upskill their financial literacy capability.
Carole Campbell is a Fellow of the Australian Institute of Company Directors and currently sits on the board of the National Institute of Dramatic Arts (NIDA). Most recently she was a non-executive director and Chair of the Audit and Risk Committees of: the Australian Brandenburg Orchestra; Southern Cross Austereo; and the Australian Film, Television and Radio School (AFTRS).
The 10-part video series covers the financial roles and responsibilities of board members; understanding the 3 key financial statements; how to review financial statements; internal reporting and budgeting, external reporting obligations, audit and risk committees; and insolvency.
The ‘Board Financial Fluency’ series has been developed in response to the lack of accessible financial literary training for board members of arts and cultural organisations and builds on Creative Australia’s investment in governance capability by bringing practical knowledge and experiences to a wider audience.
The 10-part video series, including Auslan interpreted videos, is now freely available alongside existing resources on Creative Australia’s Governance Hub.
Latest Governance Capability Fund recipients
Creative Australia has also announced the latest recipients of governance capability programs: the Company Director Capability Fund for Individuals and the Company Director Capability Fund for Organisations.
This latest investment supports 19 individuals and 26 organisations to undertake governance capability training through $213,000 in grant funding.
This marks 5 years of continued investment in governance capability training with a total of $877,000 invested into the sector since 2022.
The Company Director Capability Funds provide grants of $3000 for individuals and $6000 to organisations to support participation in governance training from identified industry providers. The Individuals Fund is targeted for artists and arts workers who are traditionally underrepresented in board roles.
In 2026, the Individuals Fund will support:
- 2 First Nations artists or arts workers;
- 3 d/Deaf or disabled artists or arts workers;
- 10 culturally and/or linguistically diverse artists or arts workers;
- 3 artists or arts workers in regional or remote areas; and
- 5 artists or arts workers 25 years or under.
A full list of recipients of the Company Director Capability Funds is available via the Awarded Grants page on our website.
