Overview of differing legal structures and annual reporting requirements
Including an overview of different fund types and look at example cashbook and importance of fund/ project tracking. Discuss how this works in practice with computerised packages
What constitutes best practice management account content and review what management might like to see v trustees at board meetings
Interpretation of accounts
Overview of cash basis v accruals basis followed by example accounts exercise, group discussion and then key pointers/ things to look for – revenue recognition, cut-off principles etc.
Overview of how to create and examples of excel-based budgeting