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Organisational Finance for Community Groups - CPD Accredited

Online course, checkpoint at the end of each module, certificate when complete, 12 months unlimited access


The National Training Academy Ltd

Summary

Price
£40 inc VAT
Study method
Online
Duration
5 hours · Self-paced
Access to content
12 months
Qualification
No formal qualification
CPD
4 CPD hours / points
Certificates
  • CPD Certificate - Free
Additional info
  • Tutor is available to students

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Overview

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.

Whatever the size of your organisation, sound financial management is essential for development and sustainability. Rather than the finance being seen as a separate function that involves just doing the book-keeping, it should be integrated within, and add value to your organisations fundraising and overall activities.

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

Course modules

Module 1 - Understand what is meant by financial management.

Module 2 - Understand budgets and their purpose.

Module 3 - Generating income.

Module 4 - Where to find funding and support.

Module 5 - Internal financial controls.

Module 6 - Key features of book-keeping.

Module 7 - Trustee responsibilities.

Module 8 - Trustee requirements.

Module 9 - Accurate financial planning and recording.

CPD

4 CPD hours / points
Accredited by The CPD Certification Service

Course media

Description

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.

Whatever the size of your organisation, sound financial management is essential for development and sustainability. Rather than the finance being seen as a separate function that involves just doing the book-keeping, it should be integrated within, and add value to your organisations fundraising and overall activities.

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

Course modules

Module 1 - Understand what is meant by financial management.

Module 2 - Understand budgets and their purpose.

Module 3 - Generating income.

Module 4 - Where to find funding and support.

Module 5 - Internal financial controls.

Module 6 - Key features of book-keeping.

Module 7 - Trustee responsibilities.

Module 8 - Trustee requirements.

Module 9 - Accurate financial planning and recording.

Who is this course for?

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.

Questions and answers

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

Certificates

CPD Certificate

Digital certificate - Included

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.