Finance and Accounting in Not-For-Profit Organisations (NFP)

Finance for non-financial managers

We explore how assets, liabilities, funds, income and expenditure are reported together with the principles of financial and cash management.

Aim:

To gain an understanding of financial terminology, financial reporting, the key principles of accounting to enable you to exercise financial oversight and build confidence in financial matters.

Course content:

• Terminology and concepts
• Income & Expenditure statement
• Balance Sheet
• Statement of Cash Flows
• The statutory reporting requirement
• Fund management and reserve considerations
• Cash flow management and ‘good governance’ oversight.

Objectives:

  • By the end of the programme you will:
  • Understand financial terminology
  • Comprehend the Balance sheet and Income & Expenditure reports
  • Appreciate the concept of fund management, reserves and cash flow management
  • Be more confident when dealing with finance and accountants
  • Make better decisions.

Duration:

Usually delivered as a 2 day workshop. Other options available to suit.

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