Budgeting for the Public and Non Profit Sector
- 4
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Brief Introduction
Budgeting for public & voluntary sector services. Set budgets, monitor finances, and implement financial control.Description
This course will assist budget holders to monitor and control their budgets. It will focus on the importance of delivering objectives with the funds allocated, and achieving value for money. This is particularly important in organisations that face financial constraints where savings need to be made year on year, or where demand for services often outstrips the resources available.
This is a comprehensive course delivered by experts, and will provide an excellent opportunity to develop and improve skills and knowledge in this area. On completion of this course, participants can obtain Continuing Professional Development (CPD) hours/points along with a CPD certificate.
We will provide budget holders with tools and techniques to cope with the demands of budget management, particularly when they have a non-finance background. We will explain terminology, and set out best practice processes and procedures, and provide ideas to manage more difficult budgets.
The course will explain the importance of variance analysis in monitoring budgets and how to make the variances meaningful as a management tool. Other basic techniques such as commitment accounting, projecting outturns and budget drivers will also be covered.
In order to effectively manage budgets, budget holders will need accurate and complete financial management information, and we give examples of the types of report that are most helpful.
Requirements
- Requirements
- This course is for anyone who has responsibility for managing a budget, or provides input to the budget process, such as finance or administrative staff. No prior financial knowledge or experience is required. All that is needed is a desire to get the most value from the funds you have to manage and meet your organisation's objectives.
4 Raiting
Budgeting for the Public and Non Profit Sector
- 4
-
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Budgeting for public & voluntary sector services. Set budgets, monitor finances, and implement financial control. This course will assist budget holders to monitor and control their budgets....
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