Budgets, Cashflow Forecasting and Management Accounts

Descripción

Are you struggling to manage the finances of your small business or non-profit organization? Do you want to learn how to create and manage budgets, cashflow forecasts, and management accounts? Look no further! Our online course, "Budgets, Cashflow Forecasting and Management Accounts: Financial Management and Making A Profit For Charities, Not-For-Profits & Small Businesses" is designed for you. This practical course covers everything you need to know about financial management for small businesses, particularly charities, not-for-profits, and project-based organizations. Our expert tutor, with over 20 years of experience in accounting and investment management, will take you step by step through creating budgets, managing unrestricted and restricted funds, and creating project budgets. You will also learn how to create cashflow forecasts and understand management accounts. Our course is perfect for bookkeepers, non-financial managers, trustees, treasurers, and admin staff who want to understand financial management concepts better. No previous knowledge is assumed, and we will explain all the jargon and terminology. Plus, our tutor is online daily to answer any questions or queries you might have. Don't miss out on the opportunity to improve your financial management skills and make a profit for your organization. This course is the Complete Guide to Budgeting, Managing Funds, and Understanding Management Accounts for Charities, Not-for-Profits, and Project-Based Organizations.

Lo que aprenderás

• Create and present budgets to funders, trustees, and senior stakeholders with confidence
• Build a cashflow forecast from scratch and understand how it connects to your budget
• Understand what management accounts are and how to use them to run your organisation
• Manage restricted and unrestricted funds in a charity or not-for-profit setting
• Apply sound financial management principles to small businesses and project-based organisations
• Interpret financial statements and use that information to make better financial decisions

Requisitos

• No previous knowledge is required. Having access to Excel will be useful — a downloadable Excel template is included in the course.