A budget depicts what you expect to spend and earn over a period of time. The budget is the "original plan" and any deviations from it need to be monitored, explained or dealt with.
Your biggest challenge in a not for profit organization is likely to be managing your cash flow. You need to ensure you have funds flowing in at the right times so that it is available to the organization to flow out when needed. Like the budgeting process, cash flow projections should be done and updated as the organization progresses through its fiscal year. · Learn how to prepare budgets (annual operating, capital or proposal) · How to use the budget to monitor the organization through deviation analysis · Discover the basics to cash flow management · Develop techniques for improving cash flow · Prepare projections and forecasts.
What will you learn?
Learn how to prepare budgets (annual operating, capital or proposal)
- How to use the budget to monitor the organization through deviation analysis
- Discover the basics to cash flow management
- Develop techniques for improving cash flow
- Prepare projections and forecasts
Who should attend?
Bookkeepers, Treasurers, Managers, Executive Directors, and Board Members.
Date:
Thursday, October 8, 2009
9:00am - 12:00pm
Workshop Location:
Volunteer Manitoba Training Room, 2nd Floor
5 Donald Street South
Winnipeg MB
Fee: $75 (includes materials and light refreshments)
Facilitator:
Nancy Kirk, CGA