Disclosure: when you buy through links on our site, we may earn an affiliate commission.

Budgets, Cashflow Forecasting and Management Accounts

Financial Management and Making A Profit For Charities, Not-For-Profits & Small Businesses
(311 reviews)
1,273 students
Created by


CourseMarks Score®







Platform: Udemy
Video: 2h 36m
Language: English
Next start: On Demand

Table of contents


This course is aimed at those who have the responsibility for managing, organising and governing the financial resources of any small business – particularly charities, not-for-profits and those businesses that are project based.
We look at what a budget is, how to create a budget, how to calculate your resources in line with your objectives, what information to include and how to manage unrestricted and restricted funds (for those organisations that have to manage different pots of funding).
We learn when and how project budgets are used, what to include in a project budget, define direct and support costs of projects and how project budgets can support funding requests.
We look at what a cashflow forecast is? How to create one? Why is it so important and what does it tell us. A template is included for you to use.
What are management accounts? Why are management accounts useful? How do you present manaagement accounts and how are they used?
If you are a bookkeeper, admin support worker, a manager who has the responsibility for managing the finances or a trustee or treasurer and you want to understand these ideas and concepts better – then this course is for you. No previous knowledge is assumed, and we’ll look at jargon and terminology and take you through making a budget, understand a budget step by step. We create a cashflow forecast stpe by step.
If you have the responsibility for reporting back to funders and you NEED to understand what you’re doing at work or in a voluntary role – this course is for you.
Your course tutor runs a bookkeeping service, and has been studying, working in or teaching this material since 1996. She has a 1st class honours degree in Accounting with Marketing and an MSc in Investment Management and is online daily to answer any questions or queries that you might have.

You will learn

✓ Understand what budgets are and how to create and develop them and be able to present them to funders.
✓ They’ll be able to create and develop a cashflow forecast.
✓ Understand how the cashflow forecast relates to the budget.
✓ Understand what management accounts are and why they are useful.


• No previous knowledge is required. Having excel will be useful as there is a downloadable excel template included

This course is for

• Anyone who has the responsibility for the finances in a small organisation such as the bookkeeper, non-financial manager, trustees, treasurers or admin staff
• Anyone who wants to understand budgets, cashflow forecasts and management accounts better
Entrepreneur, Infopreneur & Serial Author
  Lisa Newton BA MSc AAT has a masters degree in Investment Management and a first class honours degree in Accounting with Marketing. She formed her first company in 2004 with £150 in the same month of graduating from City University, London UK. Lisa has never had a full time 9 to 5 job in her life. She’s a serial entrepreneur and author who holds directorships in various  industries including telecoms, property management, publishing, hair & beauty as well as  finance. She has won various awards in Business including: Young Entrepreneur of the Year Award 2007, in 2008 Enterprising Business Award, in 2016 BE Mogul Award and has been nominated and shortlisted in numerous others. In 2011 and in 2012 one of her companies won Best Accounting Franchisor Award.  In 2015 and 2017 one of her companies won Best Bookkeeping Business London (Accountancy International Awards).
          Lisa’s books include: How to write a book in two weeks, Constant Cashflow, Make the most of your money, How to start your own bookkeeping business, Cosmic ordering with Vision Boards, How to Franchise Your Business and Quickbooks Online The Handbook. Some of the books are in audio-format on itunes and audible.
Lisa hosts her own show The Authors Podcast which can be found on the iTunes channel.
          Lisa supports the charity The MS Society. A speaker, coach, consultant and an avid networker, Lisa enjoys meeting people and working on projects with like-minded individuals. 
          In her spare time, Lisa likes traveling, dancing salsa, writing books, learning languages, meditation, yoga and cosmic ordering. 
Browse all courses by on Coursemarks.
Platform: Udemy
Video: 2h 36m
Language: English
Next start: On Demand

Students are also interested in