Introduction to Bookkeeping and Management Accounts

In the world of small charity finance, all roads lead to bookkeeping. It is the one of the key foundations of good financial management. Investing time in bookkeeping will ensure that your charity can keep track of grants and reserves, and prepare year-end accounts with (relative) ease.  During this session, we will introduce a simple bookkeeping system in Excel , consider software options and explore what we want our system to do. 

We will also introduce the what, the why and the how of management accounting. In this session, we’ll explain what management accounts are, why they are crucial for your charity’s financial resilience, and what a good set of monthly management accounts might look like for a small organization.

What we'll cover

 

• What bookkeeping is and how to do it in Excel and options for digitisation
• What management accounts are and why they are important for small charities
• Top tips and common pitfalls to avoid

What can I expect?

• 2.5 hour online session with breaks
• Time to connect and reflect with others in the sector
• Plenty of space for Q&A
• A relaxed, non-judgemental learning environment
• A supportive community of peers facing similar challenges

What do I get?

• Engaging slide decks you can revisit
• Example templates to adapt for your own organisation
• Worksheets to help put learning into practice
• Access to a WhatsApp group for ongoing support
• Peer mentoring opportunities to share learning and build confidence