Finance

This workshop gives an overview of all the issues that groups should consider in relation to good financial management.

For groups just starting their journey

The introductory workshop will help you understand what groups need to do in order to be regarded by funders and auditors as having sound financial practices.

For more experienced groups

The advanced workshop will give an overview of how to manage cash flow and risks in larger scale projects. It will also enable participants to apply some business planning processes to their own project ideas.

Workshop pack contents

• What we mean by good practice in finance
• Overview - finance and all its connections
• First steps - things to think about when starting out
• Steps to take before receiving money
• Steps to take when spending money
• Systems to account for money
• Duties and obligations of Board members and committees in different structures
• Scaling up - funding and larger scale projects
• Business planning
• Full cost recovery
• Policies for good practice