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Budgeting for beginners


Budgeting for beginners

Trainer: Elizabeth Oxborrow-Cowan FARA

Training will be delivered over two consecutive days:

Tues 17th October 2023 9.30am to 12.30pm AND Weds 18th October 2023 9.30am to 12.30pm.

This course is targeted at anyone who is new to budgeting. It is suitable for all levels of staff, volunteers and those working in community organisations.  Whilst designed for those in the cultural sectoral it will be relevant for those working in any environment as it covers key ideas and processes used in financial reporting.

Overview of course content

  • Understanding what is a budget and its purpose

  • When and how to create a simple budget and individual elements and terminology within a budget

  • How to use a budget and variance analysis

  • An overview of other financial documents – Profit and Loss, Balance Sheet, Cash Flow and Reserves

Course learning outcomes

  • Understanding the nature and purpose of a budget

  • Developing basic skills to create a budget

  • Developing basic skills to use a budget

  • Understanding the nature and purpose of other types of key financial documents

Delivery

This one-day course will be delivered online via Zoom across two half days. It will also provide the opportunity for participants to undertake work in between the two sessions that will contribute to their learning.

The course will be very hands-on, requiring participants to undertake a lot of activities and sharing what they have done.  Because of the nature of what will be discussed, confidentiality will be required and so the training will not be recorded.

The learning outcomes map to the following areas of ARA’s competency framework;

  • Managing and using financial and other resources

  • Developing self and others

About our trainer: Elizabeth Oxborrow-Cowan FARA is a highly experienced senior professional archivist and qualified management consultant with extensive experience across all elements of the UK archive sector. Elizabeth brings her experience of working with numerous projects large and small as a consultant and in supporting her consultancy clients.

Booking and delegate fee:  £80 for ARA members. £140 non-members

Please book your place on Eventbrite here before Friday 13h October 2023

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