Budgeting 101 for Non-Profits
This workshop will provide a solid understanding of how to create and monitor a budget for your non-profit organization!
One way that a non-profit can plan for income and expenses in the future is by creating a budget. A budget is a document that can help any non-profit organization plan for the future as well as assess its current financial health. The budget is typically reviewed periodically to compare it to the actual cash flow of the organization and to guide program and service delivery throughout the year. Knowing the budget, understanding its function, and when to make any adjustments, is fundamental to any organization's financial management practices.
In this workshop, participants will learn the budget development cycle, revenue and cost projection best practices, how to account for restricted funds, and strategies to deal with variances.
An accomplished business professional, Angela Hilland has been a Senior Accountant with Five Star Accounting Inc. since March 2015 and from 2013 to 2015 was the principal/owner at Align Accounting and Management Services, Certified General Accountant. Angela has extensive experience with a variety of organizations and industries including not-for-profits, manufacturing, software technology, hospitality, retail, and real estate development. She has a broad base of knowledge in several functional areas, including financial, human resources and operations management, information technology, marketing and business development. Angela holds a Bachelor of Commerce, Honours from the University of Manitoba and earned her CGA designation in 1999.
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