Description

Volunteers, members and administrators may incur civil, criminal or financial liability in the management of an association. Being able to analyze financial documents and identify warning or malfunction indicators is necessary for them to ensure the sustainability of the financial balance. This is the purpose of this training in the analysis and financial management of an association.

Who is this training for ?

For whom ?

Accountant, manager, association treasurer. Person financing associations: public financier, patron, bank, etc.

Prerequisites

Training objectives

Identify the obligations related to the financial information of associations

Know the accounting particularities of associations

Know the principles of managing an association

Identify the sources of financial dysfunction

Analyze the accounts of an association

Training program

• Interpret the association's accounting documents
  • Specific items in the income statement and balance sheet.
  • Valuation of voluntary contributions.
  • Commitments to be made from allocated resources.
  • Funds own funds, dedicated funds.
  • Importance of the annexes.
  • Legal obligations in terms of financial information.
• Analyze activity
  • Sources of income: donations, subsidies, contributions, sales, proceeds from events...
  • , obligations arising therefrom.
  • Importance of analytical accounting by activity.
  • Cost structure and their coverage.
  • Performance measures: percentage of resources allocated to the associative object, respective share of financing sources, ...
  • Ability of the association to finance its development.
• Analyze financial balances
  • Working capital - working capital requirement = cash.
  • Financing structure.
  • Solvency analysis: debt and self-financing capacity (CAF).
  • Specific ratios: financial independence, fixed asset coverage, financial security (FR in days of operating revenue)...
  • Cash flow crises and remedies.
  • Financing growth.
• Analyze flows
  • The annual employment - resources account: compliance of financing with the corporate purpose.
  • Multi-annual investment plan.
• Write or analyze the management report Highlights, analysis of accounts, future prospects.
  • Important information to include in the management report.
  • Scenario Treasure hunt: analyze the financial information in a management report.