- Duration: 2 To 3 Hours
Course details
What you'll learn-- Understand what budgets are and how to create and develop them and be able to present them to funders.
- They'll be able to create and develop a cashflow forecast - and understand how it relates to the budget.
- Understand what management accounts are and why they are useful.
This course is aimed at those who have the responsibility for managing, organising and governing the financial resources of any small business - particularly charities, not-for-profits and those businesses that are project based.
BUDGETS
We look at what a budget is, how to create a budget, how to calculate your resources in line with your objectives, what information to include and how to manage unrestricted and restricted funds (for those organisations that have to manage different pots of funding).
PROJECT BUDGETS
We learn when and how project budgets are used, what to include in a project budget, define direct and support costs of projects and how project budgets can support funding requests.
CASHFLOW FORECASTING
We look at what a cashflow forecast is? How to create one? Why is it so important and what does it tell us. A template is included for you to use.
MANAGEMENT ACCOUNTS
What are management accounts? Why are management accounts useful? How do you present manaagement accounts and how are they used?
If you are a bookkeeper, admin support worker, a manager who has the responsibility for managing the finances or a trustee or treasurer and you want to understand these ideas and concepts better - then this course is for you. No previous knowledge is assumed, and we'll look at jargon and terminology and take you through making a budget, understand a budget step by step. We create a cashflow forecast stpe by step.
If you have the responsibility for reporting back to funders and you NEED to understand what you're doing at work or in a voluntary role - this course is for you. Updated on 03 November, 2021
Eligibility / Requirements
No previous knowledge is required. Having excel will be useful as there is a downloadable excel template included
About Guardian Academy
Guardian Academy is headquartered in the United Kingdom. Since 2020, Guardian Academy brings together diversified areas of knowledge and has a privileged position for facilitating the contemporary evolution of distance learning. Our quality of e-learning and e-teaching is attracting an ever-increasing amount of learners from around the globe. We provide Instructor-led online self-paced audiovisual courses.
We are always promised to provide an interactive, effective and affordable distance learning facility through our e-Learning platform. Our online courses are designed to assist you to step up your career, build a better skill set, and, most importantly, gain the necessary knowledge to excel in that specific subject matter. We are a team of leading industry experts, academicians, researchers and freelance educators. Our goal is to help the sophophiles, epistemofiles and businesses to empower themselves through optimum knowledge and skill.
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