Charity Finance Support and Outsourcing

Thursday 7 March 2024

Online event

Join CFG and SKS in this free webinar as we delve into the increasing demand, practicalities, and results of charity finance outsourcing and third-party support.

Why should I attend?

This event will give you everything you need to know on the topic:

  • What do we mean by finance outsourcing?
  • What’s involved and what practical steps are required?
  • How do we put it into practice and what are the benefits?
    • How it leads to a better presentation and understanding of income and expenditure
    • How it allows for improved monitoring of restricted funds and projects
    • How it ensures efficient financial management with timely budgets and forecasts
    • How it provides sophisticated document management for efficient annual accounts and audits

This session will be complete with a case study showing real-world results and a Q&A session.

See the full programme below for more information.

Who should attend?

This event is designed for any and all in the charity sector.

When and Where?

  • Thursday 7 March
  • 11:00 – 12:00
  • Online

How do I book?

Book below. You will receive joining details to join the meeting one week before the event.

if you have any issues contact events@cfg.org.uk.

 
Programme
11:00 - 11:05

Introduction

Why we feel finance function outsourcing is an important topic for charities given market challenges & opportunities in the current environment

11:05 - 11:15

What does outsourcing your finance function mean?

We will delve into what we mean by finance outsourcing and third-party support, alongside what is involved in the process.

11:15 - 11:25

Case study: How has it worked in practice?

The case study will cover the challenges faced by charities in maintaining the accounting records and internal reporting requirements, highlighting impactful solutions provided by SKS which:

- Leads to better presentation and understanding of the income and expenditure

- Allows for improved monitoring of restricted funds and projects

- Ensures efficient financial management with timely availability of budgets and forecasts

- Provides sophisticated document management to help reduce time and costs of annual accounts and audit

 

11:25 - 11:40

What are the benefits of outsourcing your finance function?

We will look at the benefits and details involved in the process, such as: cost, challenges, trustee involvement, ethical aspects and more. 

11:40 - 12:00

Q&A session

Prices
Charities - Members£0.00
Charities - Non-members£0.00
Individual - Members£0.00
Individual - Non-members£0.00