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Details
Demystify the monthly accounts, improve your financial understanding and reporting. Find out the differences between financial statements, management accounts, budgets, cash, profits, liabilities and more.
Duration: 1 day
Aims
To understand key finance-based concepts and how operational matters have an impact on finances. This course will demystify how activities are reported in financial accounts.
For
Those with little or no previous financial experience who need to understand and interpret financial information, including staff, trustees and volunteers of voluntary organisations and charities.
Learning Outcomes
- Understand the importance of, and difference between, management accounts and financial statements
- Be able to calculate and manage costs
- Appreciate what budgets are and how they can be used by all
Content
- Key finance terminology: assets, liabilities, depreciation, accruals etc
- The difference between cash and profits
- What budgets are and how to control budgets effectively
- Key financial and operational information needed as part of financial reporting
- The role of the audit: what I need to know
Venues and Dates
London
Charity Centre, Directory of Social Change, 24 Stephenson Way, London NW1 2DP
London
Charity Centre, Directory of Social Change, 24 Stephenson Way, London NW1 2DP
London
Charity Centre, Directory of Social Change, 24 Stephenson Way, London NW1 2DP
London
Charity Centre, Directory of Social Change, 24 Stephenson Way, London NW1 2DP
Fees
Band A £145.00
Band B £240.00
Band C £360.00
Band A: Voluntary and community organisations with a turnover of between £100,000 and £500,000.
Band B: Voluntary and community organisations with a turnover of over £500,000.
Band C: Statutory and commercial organisations.
You can also:
Book by post / fax