Introduction to Small Charity Finance
Finance doesn’t have to be a mystery. In fact, we have just three jobs:
- Getting on top of the recording so that we know what the numbers are
- Getting on top of the reporting so that we know what the numbers mean, and
- Getting on top of the financial decision making to lead with financial confidence
In the slidedeck below, we introduce the finance cycle and how to record and report financial information for purposeful, resilient financial decision making. The exact nature of what we need differs from small charity to small charity but most will need at least a version of the following:
- A finance cycle so that we know what the numbers are
- A monthly finance pack so that we can understand what the numbers mean
- A finance plan so that we can use the numbers to help us decide what to do
