|Where:||Whitbread's Barn, EYFC, Chatham Green, Chelmsford CM3 3LQ (UK).|
|Date:||30 November 2015|
|Time:||09:30 - 13:00|
|Organised by VST|
Essentials for treasurers, finance officers or trustees, wanting to draw up budgets, develop financial procedures and present management accounts
This half day course is designed for new treasurers, general trustees and management committee members or staff who work in smaller organisations to understand the basics of how to manage the finances within a voluntary or community organisation. It covers all the essential issues ranging from drawing up a budget to ensuring that the organisation has sound financial procedures.
• Components of good financial management
• How to draw up a budget and monitor this throughout the year
• How to develop and monitor a cash flow forecast
• Full cost recovery
• Building up reserves
• Producing the annual accounts
• Developing simple but effective financial procedures
• Typical financial issues that occur in VCS organisations
After attending this course you will understand the financial responsibilities of treasurers, trustees or management committee members and you will have been introduced to a number of good practices in managing finances which can be done simply and without too much paperwork. You'll also be confident in drawing up a simple budget and cash flow forecast and you will be familiar with a few of the technical issues of managing finance such as "restricted" and "unrestricted" funding, "revenue" and "capital" income and expenditure.