The Essential Skills in Financial Management courses are designed for beginners with little or no knowledge of bookkeeping and accounts as well as those who feel they need a refresher course. The five half day sessions make up a complete introductory course but you can book individual course sessions if places are available and you have the relevant skills.  If in doubt, please contact us for advice before you book.  Priority will be given to those attending all 5 courses.

The course is paper based and will demonstrate manual bookkeeping.  However we will discuss how these records can be kept on Excel spreadsheets and we can provide you with templates in Excel that you can tailor to your group's needs.

Follow up support will be available to help you implement what you have learned.

4. YEAR END ACCOUNTS – RECEIPTS & PAYMENT FORMAT

By the end of this course you will:

• understand the legal requirements for year end accounts
• have used a Receipts and Payments working sheet to summarise the cash book and petty cash book
• have compiled a Receipts and Payments account 
• understand the Statement of Assets and Liabilities
• have looked at the Charity Commission’s template for producing Receipts and Payments accounts

An understanding of the Cash Book and Petty Cash Book is needed for this session if you have not attended the prior session Introduction to Bookkeeping.

NB This session does not cover accounts in the accruals format which is used by larger charities and all charitable companies.  Further training can be provided on this on request.