Small Charity Finance Essentials | Introduction to Charity Finance

Essential finance skills for accidental finance heroes. We all have an inner finance director. We just need to find them.

By Embrace Finance

Date and time

Fri, 19 Jan 2024 14:00 - 15:00 GMT

Location

Online

Refund Policy

No Refunds

About this event

• 1 hour
• Mobile eTicket

Welcome to the wonderful world of small charity finance.

In this session, we will go back to first principles and revisit the what, why, how, who and when of small charity finance.

Small charity finance needn’t be a mystery. Really, we have just three jobs. We need to get the systems and processes right, we need to take good decisions and we need to lead with financial confidence.

We don’t need to be experts in finance to build a financially sustainable small charity. We need to be able to produce reliable numbers, know how to read them and be intentional about where we are headed.

In this traditional broadcast session, we go back to first principles and revisit what it is that we talk about when we talk about charity finance.

Come and congratulate yourself on what you are already doing and find what you can do next to lead your charity to a more financially sustainable and financially resilient future.

We look at what good looks like in small charity finance:

· The finance cycle and the tools we need in place to be on top of the numbers

· The financial reports we need and how they can supports financial decision making

· The different between financial sustainability and financial resilience

· Top tips and common elephant traps

What you can expect:

· Slides

· Examples

· Optional Q and A

This session will be of interest if…

• You want an overview of the charity finance universe
• You want to review tools for strengthening financial sustainability and resilience
• You want to spend an hour thinking about what you might do to make it all a bit easier

Who is this aimed at:

This session is aimed at anyone needing to know about small charity finance. All are welcome; trustees, chief officers, finance officers and everyone dealing with finance. We cover financial governance, financial management and financial decision making.

What else:

This is a sit back and tune in session. You are welcome to engage as much or as little as you wish. There are no breakouts and all engagement is entirely optional. Oh, and zoom links are sent out the day before.

Who is delivering the session:

Liz Pepler MIAB FRSA is a certified bookkeeper and experienced small charity finance specialist. With 20 odd years' experience working with charity leaders and charity boards to build financial confidence, financial governance and financial sustainability, Liz is experienced in supporting small charities through stability, growth and difficulty. Liz provides consultancy and training for a range of infrastructure bodies and grant funders including NCVO, Getting on Board, the Fore Trust and Lloyds Bank Foundation. Liz is currently Director of Embrace Finance and Trustee Treasurer of Forest Recycling Project.

Rachel Cooper ACA a qualified chartered accountant and professional trainer. Rachel has over 20 years’ experience supporting a variety of social impact organisations from small charities to major research institutions. Key projects Rachel has worked on include developing and leading Charity Finance Group’s small charities training programme and writing NCVO’s Financial Management website resources. Rachel provides training for NCVO and the Association of Independent Examinations. Rachel is currently Principal at Welbeck Accounting and Associate Director of Embrace Finance.

Please note:

This session is not intended to replace proper professional advice. It is intended to build awareness and confidence in our first steps when leading or managing the finance function of our charity.

Find out more here