Strategic Financial Management
Posted by CharityBusiness
A seminar that seeks to help officers of charities and NfPs take control of their budgeting process to create effective and flexible financial plans.
| When | Nov 30, 2010 from 10:00 am to 02:30 pm |
|---|---|
| Where | Development House, 56-64 Leonard St, London, EC2A 4LT |
| About | budgets and finance, money, budgets, accounting, finance strategy, finance |
| Type | training |
| Who |
CEOs, Trustees and Senior Managers from third sector organisations who want greater control of their organisation’s financial future. |
Cuts to budgets are now an everyday fear - and in many cases terrifying reality - for charities and not-for-profit organisations of all services and sizes. The seminar looks at how effective financial planning and clear strategic management can make a critical difference by lowering operational costs and allowing organisations to make clear decisions under pressure.
Strategic financial management is not just about tightening the purse strings. It looks beyond the traditional annual budget concept to deliver a more effective reporting framework, identify the key financial drivers within an organisation and promotes the development of plans that are both feasible and flexible. And in times where funding streams are uncertain, this ability to rapidly adapt to changing conditions is an increasingly important skill.
Strategic Financial Management outlines an approach that will allow an organisation to develop fully considered and yet flexible plans for the future.
Topics Covered
- Where to start when the pressures are coming from every direction
- How to focus on the key financial drivers and assessing whether they are verifiable
- How to pull practical plans together that are flexible and can be updated quickly
- How to approach budgeting when their is uncertainty in funding streams
- How often to reforecast, and when not to!
Learning Outcomes
Participants will learn how to develop practical approaches to budgeting and forecasting in times of uncertainty and, by using different techniques, how they can develop effective strategic financial forecasts.
For more details contact Trent Webb tel 01793 554 209 or at marketing@charitybusiness.com
More details are available at the event website
