What do you need to know?
This is a face to face session and will include a presentation and practical activities to enable participation, questions and peer learning. It will be held at The Hub, Gainsborough Square, Lockleaze, BS7 9FB.
What is this session about?
This training will help individuals running charities and CICs to confidently develop budgets and cash flow forecasts, equipping you to make sound recommendations and decisions about your organisation’s finances.
What will you learn?
We will look at the principles and tools to help develop and understand financial budgeting, decision making and accounting for future uncertainty, including:
- How to set up a cash flow forecast and budget
- Resources for bookkeeping
- Risk and decision making
- What to do if difficulties arise in keeping afloat
Why is this session relevant or important at the moment?
With community organisations needing to become more resilient, so the need to be able to keep on top of finances becomes so much more important. An ability to quickly analyse financial data to make informed strategic and operational decisions could be vital to the very survival of the organeisation.
At the same time, the need for accountability for finances is imperative. Whether for compliance under regulations relating to tax or for funding bids or reports, being financially organised could mean the avoidance of problems or negative and uncessary costs to the organisation.
Who is the session for?
The session is for those who are not finance experts but whose role is senior enough to be impacted by financial issues affecting their orgnaisation.
Price
This workshop has been funded by the Local Access Programme and is free to attend. For more information, visit www.voscur.org/LAP
Gainsborough Square
Lockleaze
Bristol, BS7 9FB
United Kingdom