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Full Cost Recovery

Half day course

02 February 2018
10:00 -  13:00
Registration options:
Ticket Name Ticket Price Qty
1. Statutory & Commercial organisations £ 120.00
2. Voluntary and community organisations, Town & Parish Councils and CICs with over £500,000 income pa £ 95.00
3. Voluntary and community organisations, Town & Parish Councils and CICs with £100,000 - £500,000 income pa £ 70.00
4. Voluntary and community organisations, Town & Parish Councils and CICs with less than £100,000 income pa £ 45.00

Event description:

NEW DATE FOR 2018

Recovering costs is key to a sustainable budget 

Overview

Full Cost Recovery means recovering the total costs of a project, service or activity, including a relevant part of overhead costs. By calculating the full costs of each project or activity, organisations can make more informed decisions about managing costs and secure funding or income to recover them. Costs must be calculated on an accurate, defensible and sustainable basis and this half-day course will show you how.

We’ll cover:

  • direct costs
  • overhead costs
  • average vs. marginal costs
  • how to make cost allocations
  • tools and templates for planning and budgeting



Benefits to you

There are many benefits for organisations in understanding full cost recovery. It enables an organisation to appreciate the exact amount of funding required and more importantly provides a clear idea of how a project, activity or service will impact on the financial sustainability of an organisation. Good financial practice will lead to more informed planning and decision making and create a more secure, sustainable future.


Need to train an entire team? All of our courses can be tailored to meet your needs and delivered in a way to suit you. This email address is being protected from spambots. You need JavaScript enabled to view it..

 

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