Free

Reading charity accounts

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Location

National Council For Voluntary Organisations

8 All Saints Street

London

N1 9RL

United Kingdom

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Description

This seminar will enable Trustees and non-financial staff to better understand the key principles of financial management. During the seminar we will focus on developing your skills to read a set of accounts in order to understand the financial position of an organisation.

The aim of the session is to improve your confidence when reading financial information whether management or statutory accounts. We will discuss key accounting principles, key terminology and provide useful resources for future reference.

Programme:

09.30 Registration – tea and coffee
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10.00 Introduction
We will cover the objectives for the session and offer a chance for participants to raise initial questions.
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10.15 Statutory accounts – the financial picture published externally
During the first session we will:
● examine the key components of a set of statutory accounts
● look at the relationship between statement of financial activities (income & expenditure account) and the balance sheet
● provide an overview of key accounting principles and terminology commonly used
We will also refer to thresholds for external assurance, audit and independent examinations and explain what level of comfort this can give.
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11.15 Break for refreshments
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11.30 Statutory accounts – continued
Incorporating an exercise which takes you through a set of accounts to reach a conclusion on the organisation’s financial health. We will also touch on reserves policies and going concern.
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12.15 Management accounts – the internal tool
We will provide an overview of the information required for good internal financial management and the key questions you should be asking
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12.45 Recap and sessions conclusions
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13.00 Close

This seminar is specifically aimed at Trustees and non-financial staff. If you are a finance professional please click here for our full training programme with other seminars that would be more appropriate.


Sayer Vincent training seminars are specifically tailored to support the development of finance teams working in charities, social enterprises and not-for-profit organisations.


!! IMPORTANT PAYMENT INFORMATION - PLEASE READ CAREFULLY !!

Training seminars are FREE for all Sayer Vincent clients.

If you are not a client, a fee of £75+VAT is payable for half day seminars and £150+VAT for full day training seminars.

Please note: You can book a maximum of two people from the same organisation onto any one event.

We will be in touch by email to confirm your place and arrange payment if required.

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Date and Time

Location

National Council For Voluntary Organisations

8 All Saints Street

London

N1 9RL

United Kingdom

View Map

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