Budgets, Cashflow Forecasting and Management Accounts

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.

• Introduction 09:43

  • 1: 1 BCFMA Intro Preview 09:43

• Budgeting 42:11

  • 2: 2 BCFMA All about budgeting 15:38
  • 3: 3 BCFMA Example template 11:44
  • 4: 4 BCFMA Preparing and presenting a budget 14:49

• Project Budgets 31:38

  • 5: 5 BCFMA Project Budgets 12:51
  • 6: 6 BCFMA Project Budget Template 06:52
  • 7: 7 BCFMA Direct Fixed Variable Costs 11:55

• Cashflow Forecasts 39:30

  • 8: 8 BCFMA Cashflow Forecast Overview 13:35
  • 9: 9 BCFMA Cashflow Forecast Doing it Preview 06:08
  • 10: 10 BCFMA Cashflow - input expenses 10:54
  • 11: 11 BCFMA Cashflow - adding up the net cash flow 08:53

• Management Accounts and Reporting 27:43

  • 12: 12 BCFMA Management Accounts 15:40
  • 13: 13 BCFMA ABV example 12:03

• Conclusion 05:53

  • 14: 14 BCFMA CONCLUSION 05:53

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.

Your course tutor runs a bookkeeping service, and has been studying, working in or teaching this material since 1996. She has a 1st class honours degree in Accounting with Marketing and an MSc in Investment Management and is online daily to answer any questions or queries that you might have.

• Anyone who has the responsibility for the finances in a small organisation such as the bookkeeper, non-financial manager, trustees, treasurers or admin staff
• Anyone who wants to understand budgets, cashflow forecasts and management accounts better

• No previous knowledge is required. Having excel will be useful as there is a downloadable excel template included

Currently there are no Q&As for this course. Be the first to ask a question.

Reed courses certificate of completion

Digital certificate - Included