www.communitysouthwark.org | @cosouthwark Basic
Description: www.communitysouthwark.org cosouthwark Basic Finance Course Vani Niranjan, Finance Manager www.communitysouthwark.org cosouthwark Basic Finance Course: Programme structure www.communitysouthwark.org cosouthwark Agenda Cash Flow
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slide1. www.communitysouthwark.org | @cosouthwark Basic Finance Course
Vani Niranjan, Finance Manager<br>
slide2. www.communitysouthwark.org | @cosouthwark Basic Finance Course: Programme structure<br>
slide3. www.communitysouthwark.org | @cosouthwark Agenda Cash Flow
Recap of the session
Question time
Celebration and Feedback<br>
slide4. www.communitysouthwark.org | @cosouthwark Cash Flow What is cash flow?
Why is it important to the organisation?
Cash flow and Income & Expenditure (Profit and Loss)
Cash Forecast and Budgeting
How do you manage cash flow?
Sample Cash flow and forecast<br>
slide5. www.communitysouthwark.org | @cosouthwark What is cash flow Cash flow is the movement of money in and out of an organisation Money Inflow
Grants
Donations
Subscriptions
Bank Loans
Refunds Money Outflow
Expenses
Salaries
HMRC Payment
VAT payment
Bank Loan Repayments<br>
slide6. www.communitysouthwark.org | @cosouthwark Why is it important to the organisation? Ensures You Can Pay Bills on Time
Keeps Services Running Smoothly
Improves Funders’ and Stakeholders’ Confidence
Prevents Financial Crises
Supports Strategic Planning<br>
slide7. www.communitysouthwark.org | @cosouthwark The Difference between Cash Flow and Income & Expenditure (Profit and Loss)
Worksheet<br>
slide8. www.communitysouthwark.org | @cosouthwark Differences Between Cash Forecast and Budget<br>
slide9. www.communitysouthwark.org | @cosouthwark How to Manage Cash Flow in a Small Charity Create a Cash Flow Forecast (12 months)
Review It Regularly (Monthly)
Separate Restricted and Unrestricted Funds (Not Always)
Build a Reserve (3 months)
Time Your Spending
Communicate Early<br>
slide10. www.communitysouthwark.org | @cosouthwark Sample Cash flow and forecast<br>
slide11. www.communitysouthwark.org | @cosouthwark Recap of previous sessions 1st Day - Introduction and terminology
What is Financial Accounting​
Why is it important to the organisation​
Reporting and Filing Requirements ​
What are the elements of Financial Accounting​
Financial Accounting Terminology<br>
slide12. www.communitysouthwark.org | @cosouthwark Recap of previous sessions 2nd Day – Income & Expenditure and Balance sheet
Terminology​
Income and Expenditure​
Balance sheet<br>
slide13. www.communitysouthwark.org | @cosouthwark Recap of previous sessions 3rd Day – Management Accounting
What is a management accounts?​
The key features of management accounts​
The main functions of management accounting​
Sample management account​
Demo: Xero Software​
I&E for small organisations<br>
slide14. www.communitysouthwark.org | @cosouthwark Recap of previous sessions 4th Day –Budgeting and forecasting
What is budgeting?​
Why is it important?​
Stages of Budgeting​
Budgeting activity<br>
slide15. Any questions? www.communitysouthwark.org | @cosouthwark<br>
slide16. Feedback form: www.communitysouthwark.org | @cosouthwark<br>
slide17. Community Southwark 11 Market Place, Bermondsey, London, SE16 3UQ
020 3848 6540
@cosouthwark
info@communitysouthwark.org
www.communitysouthwark.org<br>
Vani Niranjan, Finance Manager<br>
slide2. www.communitysouthwark.org | @cosouthwark Basic Finance Course: Programme structure<br>
slide3. www.communitysouthwark.org | @cosouthwark Agenda Cash Flow
Recap of the session
Question time
Celebration and Feedback<br>
slide4. www.communitysouthwark.org | @cosouthwark Cash Flow What is cash flow?
Why is it important to the organisation?
Cash flow and Income & Expenditure (Profit and Loss)
Cash Forecast and Budgeting
How do you manage cash flow?
Sample Cash flow and forecast<br>
slide5. www.communitysouthwark.org | @cosouthwark What is cash flow Cash flow is the movement of money in and out of an organisation Money Inflow
Grants
Donations
Subscriptions
Bank Loans
Refunds Money Outflow
Expenses
Salaries
HMRC Payment
VAT payment
Bank Loan Repayments<br>
slide6. www.communitysouthwark.org | @cosouthwark Why is it important to the organisation? Ensures You Can Pay Bills on Time
Keeps Services Running Smoothly
Improves Funders’ and Stakeholders’ Confidence
Prevents Financial Crises
Supports Strategic Planning<br>
slide7. www.communitysouthwark.org | @cosouthwark The Difference between Cash Flow and Income & Expenditure (Profit and Loss)
Worksheet<br>
slide8. www.communitysouthwark.org | @cosouthwark Differences Between Cash Forecast and Budget<br>
slide9. www.communitysouthwark.org | @cosouthwark How to Manage Cash Flow in a Small Charity Create a Cash Flow Forecast (12 months)
Review It Regularly (Monthly)
Separate Restricted and Unrestricted Funds (Not Always)
Build a Reserve (3 months)
Time Your Spending
Communicate Early<br>
slide10. www.communitysouthwark.org | @cosouthwark Sample Cash flow and forecast<br>
slide11. www.communitysouthwark.org | @cosouthwark Recap of previous sessions 1st Day - Introduction and terminology
What is Financial Accounting​
Why is it important to the organisation​
Reporting and Filing Requirements ​
What are the elements of Financial Accounting​
Financial Accounting Terminology<br>
slide12. www.communitysouthwark.org | @cosouthwark Recap of previous sessions 2nd Day – Income & Expenditure and Balance sheet
Terminology​
Income and Expenditure​
Balance sheet<br>
slide13. www.communitysouthwark.org | @cosouthwark Recap of previous sessions 3rd Day – Management Accounting
What is a management accounts?​
The key features of management accounts​
The main functions of management accounting​
Sample management account​
Demo: Xero Software​
I&E for small organisations<br>
slide14. www.communitysouthwark.org | @cosouthwark Recap of previous sessions 4th Day –Budgeting and forecasting
What is budgeting?​
Why is it important?​
Stages of Budgeting​
Budgeting activity<br>
slide15. Any questions? www.communitysouthwark.org | @cosouthwark<br>
slide16. Feedback form: www.communitysouthwark.org | @cosouthwark<br>
slide17. Community Southwark 11 Market Place, Bermondsey, London, SE16 3UQ
020 3848 6540
@cosouthwark
info@communitysouthwark.org
www.communitysouthwark.org<br>