Finance For Non Finance Managers -Charities

145-157 St John Street
Finance For Non Finance Managers -Charities image
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Event has ended
This event ended on Friday 13th of July 2012
Admission
£300 (special offer £250-£150)
Location

145-157 St John Street

Nearest Tube/Rail Stations
Farringdon 0.23 miles

Understanding the fundamental of finance as a measurement of charity's performance is the key objective of this workshop. As managers or directors you have responsibility for the impact of every transactions undertaken for your charity and it is not sufficient to abdicate responsiblity to the finance department. You owe it to your charity to understand the impact of these transactions on the three areas of the organisation :
Income and expenditure account
Cashflow
Balance Sheet


This workshop is targeted at non-financial experts with responsibility to manage and control financial resources. This course will provide participants with finance fundamentals that will help them come to grips with sound financial discipline for running an effective charity and winning the trust of stakeholders such as members, funders, suppliers, volunteers, suppliers, trustees, banks, media and staff.



Contents :
The course will cover topics such as:

1. The definition of income and expenditure ; why and how they are put together
2. The definition of balance sheet; why and how they are put together
3. The definition of cash flow statement; why and how they are put together
4. Finance jargons and how to make sense of them
5. Financial controls required for effective safeguards over assets of a charity
6. How to interpret and evaluate the performance of a charity using financial ratios
7. Strategies for identifying financial leakages and maximising cash flow in your charity
8. How to put together an effective credit control system

9. How funders evaluate the financial viability of a charity and what this means for your fundraising activities and financial strategies.
10. Brief introduction to budgeting and its importance within a charity to set the scene for the next level
11. Practice sessions, feedback and evaluation

Tags: Workshops

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