By breaking down financial jargon, we hope to provide Board members with a comprehensive understanding of the key financial components of housing association accounts during this training session. Understanding the key financial elements assures that Board members and executives have proactive identification and management of potential challenges, fostering stakeholder confidence and compliance with legal and regulatory frameworks.
This information is important for strategic planning, matching organisational objectives with financial resources, and enhancing the registered providers overall performance and sustainability. Ultimately, equipping leaders to navigate complexities, communicate transparently, and uphold the trust of residents, funders, and regulatory bodies.
What you will Learn
- Financial Building Blocks: Unpacking the fundamental components of the accounting system and explaining the basis for income and expenditure accounts and balance sheets.
- Association’s Income and Expenditure, Assets, and Liabilities: Exploring the elements of your organisations financial landscape, including income, expenditure, assets, and liabilities.
- Demystifying Account Terminology: Addressing the jargon used by accountants and simplifying key terms to aid understanding.
Further information
Thursday 18 January|1:00 pm to 2:00 pm
Our Webinars last 1 hour and are interactive, people can ask questions of the presenter and other attendees.
If you or your organisation have a Webinar subscription you will be sent a link to join this Webinar prior to the session.
Not a subscriber? Find out more here or you can also pay for one Webinar at a time contact us for more details.