Find out what makes charity finance different and how to plan appropriately
What controls you need to put in place to stop errors creeping into your accounting, and to reduce the risk of fraud
Internal controls are the things you do to help manage the risk of an error or a fraud
How to be aware of the risk factors relating to fraud and take steps to protect your organisation.
The difference between audits and independent examinations and how to prepare for both
The basic principles of bookkeeping are the same for charities as for other organisations, you just need to be aware of the slightly different emphasis and the need to keep restricted funds separate.
Guidance around planning your finances and setting up budgets
Guidance on creating a financial strategy and what you need to include
A pre-built spreadsheet that calculates your income percentages when you input your current funding and future targets
How to create budgets, cashflow forecasts and understanding the cashflow process
Step-by-step guidance to help voluntary organisations develop a consortium
Guidance on scoping and planning before you set up a voluntary-sector consortium
How to form the initial working group that will help partners set up a consortium
An outline of how much funding is required to establish a voluntary sector consortium, and some of the potential funding sources
Why you need to engage stakeholders such as commissioners and local organisations in your consortium development, and how to involve them
An overview of the key policies and procedures that will support the operational running of a consortium
A guide to becoming an incorporated company
How to formally launch your consortium and invite organisations to join
How to set up the central hub that will run the consortium business, scope for contracts, network with commissioners and bring in contracts
How consortium members can work together to bid for, and hopefully win, contracts