Financial Management and Making A Profit For Charities, Not-For-Profits & Small Businesses.
This course is aimed at those who have the responsibility for managing, organising and governing the financial resources of any small business - particularly charities, not-for-profits and those businesses that are project based.
BUDGETS
We look at what a budget is, how to create a budget, how to calculate your resources in line with your objectives, what information to include and how to manage unrestricted and restricted funds (for those organisations that have to manage different pots of funding).
PROJECT BUDGETS
We learn when and how project budgets are used, what to include in a project budget, define direct and support costs of projects and how project budgets can support funding requests.
CASHFLOW FORECASTING
We look at what a cashflow forecast is. How to create one? Why is it so important and what does it tell us. A template is included for you to use.
MANAGEMENT ACCOUNTS
What are management accounts? Why are management accounts useful? How do you present management accounts and how are they used?
If you are a bookkeeper, admin support worker, a manager who has the responsibility for managing the finances or a trustee or treasurer and you want to understand these ideas and concepts better - then this course is for you. No previous knowledge is assumed, and we'll look at jargon and terminology and take you through making a budget, understand a budget step by step. We create a cashflow forecast step by step.
If you have the responsibility for reporting back to funders and you NEED to understand what you're doing at work or in a voluntary role - this course is for you.
Infopreneur, Author & Bookkeeping tutor
Lisa Newton BA MSc AAT has a Masters degree in Investment Management and a first class honours degree in Accounting with Marketing. She formed her first company in 2004 with £150 in the same month of graduating from City University, London UK. Lisa has never had a full-time 9 to 5 job in her life. She's a serial entrepreneur and author who holds directorships in various industries including telecoms, property management, publishing, hair & beauty as well as finance. She has won various awards in Business including: Young Entrepreneur of the Year Award 2007, in 2008 Enterprising Business Award, in 2016 BE Mogul Award and has been nominated and shortlisted in numerous others. In 2011 and in 2012 one of her companies won Best Accounting Franchisor Award. In 2015 and 2017 one of her companies won Best Bookkeeping Business London (Accountancy International Awards). Lisa's books include: How to write a book in two weeks, Constant Cashflow, Make the most of your money, How to start your own bookkeeping business, Cosmic Ordering with Vision Boards, How to Franchise Your Business and Quickbooks Online The Handbook. Some of the books are in audio-format on itunes and audible. Lisa hosts her own show The Authors Podcast which can be found on the iTunes channel. Lisa supports the charity The MS Society. A speaker, coach, consultant and an avid networker, Lisa enjoys meeting people and working on projects with like-minded individuals. In her spare time, Lisa likes traveling, dancing salsa, writing books, learning languages, meditation, yoga and cosmic ordering.
Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.
Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.
