SCVO

This event is in the past

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 10% off the 3rd!  

• Building a strong financial foundation
• Annual accounting and external reporting

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.

Date

10:00-13:00, 22 February 2024

Contact

Helen Swatton

Cost

SCVO members £80, Non-members £120

Attendance type

Online only

Venue

SCVO Zoom meeting

Book now

In-house training service
This course can be delivered in-house
Find out more