Financial Controls

Who is it for?

Board members and volunteers and staff members responsible for financial management.

What will I get out of it?

We will cover:

• General duty: acting in best interests with care and diligence – safeguarding the charity’s assets and managing financial sustainability
• Links to Trustees duties
• What are financial controls and what are they needed
• Some examples we can adopt in small charities
• Accounting records and accounts – link between records, management accounts, annual accounts, budgets
• What to include in management accounts, how to prepare them, good practice tips, examples
• Financial planning and introduction to budgeting – how to build a budget, assumptions
• How to use the budget and forecasting