We encourage you to view the ACE Financial Services Official Release Report for important details regarding ACE, its services, governance structure, operations model, and much more. You can download the report here.

Watch the video below to get a brief snapshot about ACE Financial Services and what we can provide to your organization!

Clubs and societies at the University of Waterloo benefit students, providing events and services that would otherwise not be available. These organizations are an integral part of student life and enjoyment, but members of these groups may not be very well-versed in the financial and environmental aspects of running a club. ACE Financial Services exists to assist these student groups in both fulfilling and furthering their ability to positively change the student atmosphere at the University of Waterloo.

ACE Financial Services consists of three departments: Accounting, Consulting, and Environment. While each offers distinct services, the motivation for their existence lies in providing increased value to members of these clubs and to the society as a whole.

In addition, ACE Financial Services empowers its members with new knowledge related to the three aforementioned fields. Through training, students can pick up applicable skills that will benefit them throughout their careers. The sharing of information between people in different faculties and programs will also add to the students’ breadths. To promote this, ACE Financial Services will also externally bring in professional speakers to talk about relevant topics.

ACE Financial Services will commit to these objectives to achieve its primary goal:

1. Train executive members of clubs and societies to prepare financial statements and conduct basic financial analysis
2. Assist clubs and societies with financial analysis, bookkeeping, and instalment of financial controls
3. Perform internal financial reviews to help clubs and societies use money more effectively and responsibly
4. Promote environmental awareness to clubs and societies
5. Perform internal environmental reviews to help clubs and societies determine how they can reduce their environmental impact without any significant financial loss
6. Increase public knowledge of finance through speaker presentations
7. Teach club members how to perform financial services to benefit the community at the University of Waterloo
8. Promote the sharing of knowledge between students from different academic backgrounds to find best practices
9. Function as a point of facilitating research in the area of accounting for non-profit organizations