Managing a Housing Association requires a clear understanding of financial accounts so strategic goals can be aligned with financial resources effectively. Board members and executives often face challenges interpreting complex financial reports, which can hinder proactive decision-making and risk management.
This training session is the first of three sessions that tackle challenges by simplifying financial terminology and offering a comprehensive overview of the key financial components found in housing association accounts. By understanding these elements, leaders can proactively identify and manage potential issues, build confidence among stakeholders, and ensure compliance with legal and regulatory frameworks.
This will assist Boards in understanding the strategic planning that aligns the organisation’s objectives with financial resources, thereby enhancing organisational performance and long-term sustainability while fostering transparency and trust with residents, funders, and regulators.
Aimed at all Board members across the UK
What you will learn
- Financial building blocks: understand the basic components of housing association accounting, including the structure of income and expenditure accounts and balance sheets.
- Income, expenditure, assets and liabilities: gain insight into your organisation’s financial landscape by exploring income streams, operational costs, assets, and liabilities.
- Demystifying financial terminology: simplify commonly used accounting jargon to improve understanding and confidence in financial discussions.
By the end of this session, Board Members and executives will be better equipped to navigate financial complexities, communicate effectively, and uphold trust while driving their housing association’s success.
Further Info
Presented by Bill Gill
Thursday 16 January 2024 | 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.
Fees:
This session is free for Webinar subscribers.
Not a subscriber? You can purchase this session for £80 plus VAT. Contact us for more details. Find out how to become a subscriber here.