This practical advanced workshop is a must-attend for board directors, management committee members and members involved in overseeing their co-op, helping them to get to grips with the essentials of their co-op’s finances.
It is also aimed at practitioners involved in providing technical advice and support to societies, particularly those that are raising funds through community shares. The day long workshop aims to demystify accountancy, helping delegates understand how to interpret the core elements of management accounts and use that financial information to make informed business decisions.
"Excellent training course which exceeded my expectations". Kate Harding, Grand Union Community Energy Limited (GUCE)
This workshop will cover
- Legal Requirements for society accounts including Audits and Exemptions
- Financial Reporting Standards and how they relate to societies
- Interpreting and understanding management accounts and financial performance indicators
The training is open to
- Community businesses
- Co-operatives UK members
"Andy took a dry technical subject, demystified it and made it accessible and relevant to practitioners and ordinary members of co-ops". Donna Smith, Plunkett Foundation
This workshop is provided free of charge, however a non-attendance fee of £25 will be charged if you do not cancel your place by 5pm on Friday 9 March by emailing [email protected]
You are welcome to participate in both events or alternatively just join us for either session. Please note if you wish to come to the advanced workshop it is important that you already understand the material covered in the Essential Accountancy Training on Wednesday 28 February in Manchester.
About the trainer
Andrew Woodcock from Co-op Culture and Acorn Co-op Support will be running this session. An open and talented trainer, with excellent communication skills and knowledge of participatory techniques, Andy has lived and worked in co-ops for the last 20 years. He co-operatively manages a £750,000 co-op loan fund that has never made a bad loan in over 25 years as well as a co-operative investment fund of just under £1million. He has helped various co-ops raise over £5m of capital as well as being treasurer to many co-ops. He also prepares co-ops accounts. He co-produced the Introduction to Financial Literacy workshop which has now trained over 500 people in better understanding their co-op's accounts.
We are grateful to the support from the Community Shares Practitioner Network (CSPN) and the funding provided by the independent charitable trust, Power to Change.