Introduction to Management Accounts
An online broadcast 60 minute session, with 15 minutes of Q and A at the end.
We will 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.
You'll leave with a clearer understanding of how to use this regular finance report to make informed decisions, improve financial decision making, and support the sustainability of your charity.
What we'll cover
- What management accounts are and why they are important for small charities
- Key components of a good set of management accounts for a small charity
- How to use management accounts to make better financial decisions
- Top tips and common pitfalls to avoid
Learning Outcomes
· Understand the key components of management accounts for small charities
- Use management accounts to make better financial decisions
- Recognise the importance of management accounts in supporting the financial resilience of their charity
Content:
These materials will be available for two weeks after the session. Please make sure you download what you need. All our content is provided on a Creative Commons License. In short, this means that you are free to use these with the original branding and on a non commercial basis.
