Introduction to Cashflow Forecasting

An online session designed specifically for small charities. We 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, we'll 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 we'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

Learning Outcomes

• How to use a cashflow forecasting template to track income and expenses
• Understand the concept of "going concern" and its importance
• Take corrective action when facing cashflow issues and manage finances effectively
• Know where to look for guidance and support when facing financial difficulties