About this workshop
Managers, leaders and supervisors in not for profit organisations come to the job with a mix of skills and experiences which makes their contribution to the overall success of the organisation significant. Many don’t have an in-depth knowledge of accounting or a head for numbers, yet their individual responsibilities often incorporate budget development and understanding of how the performance of their department or program impacts on the whole organisation.
Learning how to read and understand the figures presented in financial reports through this workshop, will equip your leaders with the knowledge they require to make better informed future decisions.
What you will learn
Following the program participants will be able to:
- Interpret and use the financial reports, including the balance sheet and profit and loss against budget.
- Contribute to variance reporting and forecasting
- Develop budgets for the financial year and new programs
- Calculate the organisation’s financial health; the Current (solvency), Quick (liquidity) and Debt to worth (financial risk) ratios
- Link the strategic plan to the budget and financial reports
- Understand the financial controls required to protect the organisation
This program is designed for people without accountancy training so steers away from technical terminology so it’s easy to understand. Handouts will assist to work through financial reporting examples and checklists for budget development and program formulas. Organisational financial report examples can be incorporated into in-house programs.
Who should attend?
Managers, leaders, supervisors and project 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.