This course will provide a thorough grounding in the basic tools of financial management for those who are not financially trained. Topics covered include:

• Legal requirements for charity accounts
• Cash flow and forecasting
• Basic budgeting and budgetary control
• SORP in relation to smaller charities and funders' requirements
• The role of the finance committee
• When do you need professional help?

Learning Outcomes

By the end of the course participants will:

• understand different methods of preparing charity accounts
• be able to understand and prepare basic accounts, cash flow forecasts and budgets
• understand the need to provide financial information and the purposes for which it is used
• understand the importance of sound financial management