Budgeting for Non-Finance Managers

This course will help you prepare budgets, learn how to make informed budgeting decisions and effectively communicate financial information to key stakeholders. It's ideal for managers who have, or will have, budgetary responsibilities. There will also be a Third Sector budgeting case study to work through as a group exercise.

The cash management element of the course will improve managers effectiveness at managing the inflow and outflow of cash through explanation of key processes and by working through exercises using worked examples.

Why budget?
Operational budgets
Cash flow budgets
Using budgets to manage and control the business.

Key areas of Study

• The importance of budgeting for Third Sector sustainability.
• Types of budgets and approaches to budgeting, budgeting for inflation budgeting for contingencies and sensitivity budgeting.
• Cash budgeting – the importance of liquidity

After completing the budgeting course, delegates will have learned:

• Why Third Sector organisations must budget effectively
• To prepare budgets and make informed budgeting decisions
• To effectively communicate financial information to key partners
• To have more informed conversations with colleagues to remove the risk of miscommunication around budgeting
• To provide more insightful reports based on financials
• To increase confidence and effectiveness when budgeting.

There will also be networking opportunities with relevant staff from other charities in attendance where best practice and common issues can be discussed over lunch and during specific points in the session.

Host or Publisher Dundee Volunteer & Voluntary Action