Exploring 'Financial management'

Financial management is about explaining and accounting for what has happened in the past and forecasting income and expenditure in the future. As voluntary organisations have become more dynamic and complex, the need for good financial management has mushroomed.

Want to learn the basics? See our overview for the lowdown on budgeting, forecasting, costing and tax.

	Has your organisation got what it takes? Have a look at our essentials to find out.		Have you got what it takes? Try working through the activities.
	Still need more? See our resources area for useful weblinks and publications.

Learning objectives

By working through this session you will discover:

• How to prepare and co-ordinate charity budgets.
• How to monitor financial performance.
• How to set up authorisation procedures.