Organisational Finance for Community Groups Online Training
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Organisational Finance for Community Groups Online Training

Regular price
£35.00
Sale price
£35.00
Tax included.

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 organisation’s fundraising and overall activities.

Without good financial management you risk not only being fined but also being in breach of legal requirements in relation to charity and company law.

Modules you will cover in this Organisational finance for community groups online training

  1. Understand financial management terms - In this Organisational finance for community groups module you will look at key documents, a finance policy, cheque signatories, governing documents, budgets, annual accounts, annual returns and financial records.
  1. Understand budgets and their purpose - In this Organisational finance for community groups module you will look budgets, expenditure, income, full cost recovery, what can go wrong and budget benefits.
  1. Generating income - In this Organisational finance for community groups module you will look at generating income, gift aid, trading and reporting on income.
  1. Where to find funding and support - In this Organisational finance for community groups module you will look at different funding opportunities available.
  1. Internal financial controls - In this Organisational finance for community groups module you will look at financial controls, finance policy and internal controls recap.
  1. Key features of book-keeping - In this Organisational finance for community groups module you will look at book-keeping, financial controls, accounts, cash book and bank reconciliation, petty cash and reporting requirements.
  1. Trustee responsibilities – charity requirements - In this Organisational finance for community groups module you will look at responsibilities of the treasurer, registered charities, becoming a charity, charitable incorporated organisations, types and formats of accounts, SORP and SOFA
  1. Trustee requirements – registered companies - In this Organisational finance for community groups module you will look at responsibilities of trustees, CIC ‘v’ CLG, reporting to Companies House, tax and CIC’s.
  1. Accurate financial records and the benefits - In this Organisational finance for community groups module you will look at the benefits of financial management, financial rules, policies and procedures, financial planning, keeping records, annual accounts and a financial health check.

Continuing Professional Development (CPD)

All of our courses are certified. This is done by the CPD certification Service. They have been inspected by an independent assessor and meet national standards.

Is this course right for me?

This organisational finance for 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.

On completion of this course you will be able to print your CPD certified certificate. This can be used as evidence for compliance, audit or CPD hours.