Video: Five fundamentals to managing your NPO finances

Our new video with Sage OFL covers the fundamentals of managing finances, exploring five key concepts that every charity should consider. The video elaborates on each of these concepts and offers guidance on making sound financial decisions, preparing for long-term stability, futureproofing, and much more.

The fundamentals covered in the video are as follows:

• Budgeting
• Fund analysis
• Overheads
• Cash flow
• Reporting

Charities should pay attention to each of the above fundamentals and ensure they follow any regulatory changes in terms of reporting and compliance.

For more information on charity finance and how you can ensure robust financial governance, check out some of our articles, each of which builds on the concepts mentioned above.

• Ten ways to ensure your charity is sustainable
• The future of charity finance
• How to plan a more stable financial future

And check out Sage OFL below for some essential financial resources.