About this finance essentials training
Do your non profit finances sometimes seem like another language? Not sure what reports are essential for you to understand?
Board members, CEO’s and Managers of non-profit organisations come to the role with a mix of skills and experiences that makes their contribution to the overall success of the organisation unique and significant.
Many don’t come with an in-depth knowledge of accounting or a head for numbers yet their individual responsibilities often incorporate budget development. This course will show that it’s not as difficult to read and understand the figures presented in financial reports as you think. It will equip your leaders with the knowledge they require to make better-informed decisions around the finances.
What you will learn
- Interpret and use the financial reports including the balance sheet and profit and loss against budget
- Understand variance reporting and forecasting
- Develop budgets for the financial year and new programs
- Calculate the organisation’s financial health
- Link the strategic plan to the financial reports
- Understand the financial controls required to protect the organisation
This program is designed for people without accounting training so steers away from technical terminology, making it easy to understand. Handouts will be provided for attendees to work through financial reporting examples and checklists for budget development.
Who should attend?
Board members, Treasurers and Managers from Non-profit organisations
Enquire about having Non Profit Training come to you and deliver this program or call us for any public programs scheduled for your region.