CIC Association

Serving Community Enterprise

We are trying to establish the best way to forecast our financial status on a quarterly basis. One of our board members wants to analyse our accounts each month, working out from income and expenditure what we have 'spare' to spend. We know about ring-fencing things like wages, cost of utilities, rates, etc., but is it practical to revisit the position month on month? If it is, does anyone know who to do it without using up too much time of our monthly Board meetings?

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Sorry - I meant - how to do it, not who to do it!

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