One day course
Accounting is a skilled discipline, and thankfully you don’t need to have it!
But to run a successful project or team, or if you’re a trustee and have to oversee the work of your senior management team, it does help to have an idea of how finance and finance reporting works.
This simple to understand course will help demystify those columns of figures, and teach you the basics of financial reporting, obligations, budgets, cash, profit and loss.
You’ll soon realise that understanding accounts and financial projections better will actually help you plan your work and your projects better, and enable you to report more clearly the achievements you make.
Who should sign up?
Those with little or no previous financial experience who need to understand and interpret financial information, including staff, trustees and volunteers.
What will I get out of it?
- Understand all the various types of accounts and spreadsheets: what the figures mean, who they are for, and what they can tell you about the charity in the past, present and future.
- Learn how to create your own budget, including estimates of costs and incomes, and how to present it to your managers along with your project plans.
- Understand where your own budget fits into the wider finance picture of your charity’s finances.
- Learn the various terms, obligations and practices of charity finance so you no longer have to bluff it.
What will it cover?
- Key finance terminology: assets, liabilities, depreciation, accruals etc.
- The difference between cash and profits
- What budgets are and how to control them effectively
- Key financial and operational information needed as part of financial reporting
- The role of the audit: what you need to know
By placing this order you agree to DSC's terms and conditions:
Terms and conditions