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The voice of Scotland’s vibrant voluntary sector

Published by Scottish Council for Voluntary Organisations

TFN is published by the Scottish Council for Voluntary Organisations, Mansfield Traquair Centre, 15 Mansfield Place, Edinburgh, EH3 6BB. The Scottish Council for Voluntary Organisations (SCVO) is a Scottish Charitable Incorporated Organisation. Registration number SC003558.

Online - All things financial: budgeting and sound financial management


This online course is packed full of content to help you understand the importance of good financial management.

Budgeting: Why we need a realistic budget; Thinking about the different types of costs; Setting budgets; Making sure it all stacks up.

Full cost recovery: Why we need to use full cost recovery; Practical use of FCR; How this can be used for costing services.

Budget monitoring and reporting: Monitoring – actual v budget; What do variances tell us; Reporting to the Board; Using budget monitoring internally.

Cashflow projections: Purpose of cashflow projections; Constructing a simple cashflow; Cashflows as an options’ appraisal tool.

Course overview

This online course with Pamela Redpath will look at how to make sure you are getting the financial planning right internally – setting realistic project and organisational budgets, which cover full costs of service delivery, monitoring budgets and how to recognise when to take corrective action. 

It can be studied as a standalone course or in conjunction with the two other All things financial courses - Book all 3 courses, get 20% off the 3rd!  

Overall course aim

The aim of this online course is to look at setting project and organisational budgets, which are realistic and cover full costs of service delivery. It will also look at how to monitor budgets and recognise when to take corrective action. 

Who is the course aimed at?

This course is aimed at people requiring an introduction to the principles of budgeting and financial management, in addition to the basic technical knowledge and skills to implement these principles.

Entry requirements

There are no formal entry requirements.

10:00-13:00, 1st February 2022
Helen Swatton
SCVO members £75, Non-members £115
SCVO Zoom meeting