Financial mismanagement can ruin an organisation, result in fines and obliterate trust. Good financial management is essential for ensuring that legal requirements are met in relation to charity and company law. However, it is not the sole responsibility of the treasurer, all committee members/trustees are accountable.
This organisational finance for voluntary and community groups course is aimed at potential or current committee members or trustees within the voluntary and community sector. The skills and understanding developed will help you to understand why transparent financial management is beneficial to the organisation and wider community.
Lesson 1: Understand financial management terms
Lesson 2: Understand budgets and their purpose
Lesson 3: Generating income
Lesson 4: Where to find funding and support
Lesson 5:Internal financial controls
Lesson 6: Key features of book keeping
Lesson 7: Trustee responsibilities – charity requirements
Lesson 8: Trustee requirements – registered companies
Lesson 9: Accurate financial records and the benefits
Click here to see our CPD certification for this course.