NCVO: Charity finance strategy

This course will give you an overview of how to build a simple finance strategy. We’ll (NCVO) introduce tools to help you build the financial resilience of your charity.

A finance strategy is vital for your organisation’s stability. This course will give you an overview of how to develop one.

You'll learn how to:

• determine your current financial position
• calculate the cost of your plans
• assess the impact on reserves.

We’ll introduce the principles of financial resilience and share some financial planning tools to help.

This training will give you an overview of:

• charity business models and the practice of full cost recovery
• using baseline forecasts to determine your current financial position
• using strategic forecasts to determine the cost of your intended activities
• using forecasting, scenarios, reserves and indicators to navigate financial uncertainty
• financial strategies ‒ what they look like and how they can help build financial resilience.