Finance Academy: Introduction to cashflow forecasting for small charities

An online session designed specifically for small charities. Embrace Finance will look at what a cashflow forecast is, why it’s an essential small charity finance tool and how to prepare a simple cashflow forecast.

During this session, Embrace Finance will introduce the importance of the "going concern" principle, and what to consider when things look concerning. A good budget will tell us how much is coming in and how much is going out. A cashflow forecast tells us whether the money coming in will come in time or not. A good cashflow forecast is essential in all small charities.

What you'll cover

• How to use a cashflow forecasting template to track income and expenses
• Understanding the "going concern" concept and its importance for your charity’s future
• What to do when cashflow issues arise and how to take corrective action
• Top tips and common pitfalls to avoid when managing cashflow
  

‍What you will receive:

• Clear practical guidance tailored to small charities
• Real-world examples & tools to apply immediately
• A supportive environment to ask questions
  

Who these sessions are aimed at:

These sessions are aimed at anyone needing to know about small charity finance. All are welcome; trustees, chief officers, finance officers and everyone dealing with finance. No prior knowlegde of finance is required. Perfect for small charities :)