Financial Management

Course Description

Effective management of financial resources is critical for the survival of any organization, including non-governmental organizations (NGOs). Financial Management refers to the planning, organizing, directing, and controlling the financial activities such as procurement and utilization of funds of the enterprise. All staff, program personnel, and even board members have a shared responsibility to ensure proper financial management.

This course equips professionals working in NGOs with an understanding of financial management practices, accounting, internal control, budgeting, and auditing. After this course, learners will be able to manage their revenues and expenditures, devise a financial risk plan, and ensure sound financial assessment.

Learning Competencies

Learners will be able to:

  1. Build a financial system for an organization
  2. Set-up a bookkeeping system
  3. Devise a budget that includes all activities and deliverables of the organization
  4. Develop policies and procedures for handling financial transactions
  5. Implement financial control mechanisms to ensure that financial systems are in place and adhered to
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  • Core in:
    • NGO Fundraising & Proposal Management
    • Operations Management of NGOs
    • Strategic Management of NGOs
  • Elective in:
    • None
  • Format: TBD
  • Language: English
  • Duration: 32 hours