Transcript

JULIE:

Well done, you’re nearly halfway through the course now, and this week you’ll do a longer quiz, which will count towards your badge.

Last week you explored the role of marketing in voluntary organisations, and this week, you’ll look at how to work with financial information.

All organisations need to know what money they have coming in and going out, and for many voluntary organisations, where finances are tight, this is especially important. You’ll learn how to read and interpret budgets. These set out the main income and expenditure for organisations as a whole, or departments or smaller projects within them. The basics of budgets are the same whether you’re responsible for a large budget or a small one.

By the end of this week you’ll have gained confidence in working with financial information.