Whether you are a group with a membership or a free society finances are the heart that keeps student activities delivering life changing experiences. Looking after members money is important to ensure that activities continue to be delivered. Students money support purchasing items such as a kit, equipment, facilities, affiliations, coaches, events and much much more. As a Union, and as a committee member you have a legal obligation to be transparent with your members money and must abide by the charitable ethos of finance.
This training is for:
– Presidents and Treasurers (Compulsory)
– Any other committee member who wishes to learn more.
The aims of this session are to cover:
- Accounts & Budgetting
- Paying into and out of Accounts
- Handling Cash: Income and Fundraising
- Supplier Agreements
- Paying Coaches
- Income streams
Skills badges earned by completing this training are:
The online assessment is taken on completion of the training material. Once you have read and understood all of the course the ‘Take a quiz’ button will appear at the bottom of the timeline. You will be asked 13 multiple choice questions with a pass mark of 75%. The answers are marked automatically so that you’ll instantly know whether you passed by checking your profile. If you don’t pass don’t worry! You can take the test as many times as you need with no extra charge.