The CPA Education Foundation has announced a $10,000 grant towards the re-development of business case content, originally created by the UBC|Sauder Social Entrepreneurship office, for the Indigenous Business Education Program (IBEP).
The IBEP is directed by Dr. Frances Chandler PhD, Director of Sauder Social Entrepreneurship and Director Research Support Services, at UBC|Sauder School of Business.
This updated content will educate young people on how to develop business cases and will cover market analysis, marketing, operations and accounting (such as revenue, expenses, operating costs, income statement, cashflow and financing).
The content is based on a highly successful template initially developed to provide entrepreneurship skills to those residing in Vancouver’s Downtown Eastside. From 2006, the materials were re-purposed for delivery to young people living in the slums of Kenya. In 2014, these educational materials were re-purposed again for use in China and translated into Chinese with local business examples. Over 90 university students in China as well as a group of local farmers in the countryside who operate small businesses selling their crops have benefitted from the program.
The intent is to again re-purpose the materials for use with First Nations entrepreneurs in BC and then to run a series of workshops to teach indigenous entrepreneurs how to set up and run their own small business. The workshops will be taught by senior level undergraduate students in accounting.
Brenda Waechter FCPA FCGA, CPAEF board chair said, “the CPAEF is delighted to be able to support this effort and to advance accounting education with indigenous entrepreneurs in BC.” Added David Chiang, CPA CA, CPABC’s vice-president member services, “this program has benefited so many people over the years and has proven to be an invaluable resource for local small business entrepreneurs in Vancouver, Kenya, China and, soon, BC’s First Nations.”