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Financial Security and Full Cost Recovery

3 March @ 10:00 - 13:00

Financial Security and Full Cost Recovery – understanding what it is and how to apply it

Costing is a critical part of the financial security of small charities. Being able to understand our costs and their relationship to each other and to our income can help us build longer term financial resilience. This session will comprise an overview of the theory, a review of best practice, a case study to put what we learn into practice and lots of time to share experiences and learn together.

What will be covered?

In this practical workshop we will:

–    Revisit the first principles of costing; what are the different types of cost we incur and how we treat them
–    Review how to allocate direct costs and apportion shared and support costs on a fair and reasonable basis
–    Explore the challenges of securing full cost recovery and how we can navigate them
–    Explore how we can use costing to strengthen our financial security and longer term financial resilience

*Please note the date for this training could be subject to change or cancelled if we do not have enough people registered for the session. Email zebina@hcvs.org.uk if you have any queries. 

When
December 8th, 2021 10:00 AM through  1:00 PM

Details

Date:
3 March
Time:
10:00 - 13:00
Event Category:
Website:
https://crm.hcvs.org.uk/civicrm/event/register?id=866&reset=1

Want to get involved?

020 7923 1962
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