Finance Management for Ngos Training Workshop
This Training is designed for non-financial project managers, NGO staff involved in programme planning, implementation and support. It will give the skills needed to set up strong financial systems and procedures, create project budgets, keep basic accounts, prepare and read financial reports.
What you will learn
- Build project, donor and consolidated budgets using the activity-based budgeting technique
- Prepare and use a simple cash flow forecast and financial monitoring reports
- Prepare and reconcile an analyzed cashbook
- Analyze financial statements and budget monitoring reports to assess performance
- Assess strengths and weaknesses in your NGO’s internal control systems
- Describe the four building blocks and the seven principles of financial
- Management and the role they play in achieving good practice in financial management
- Describe the financial management roles and responsibilities of board members, managers, finance and programme staff
What You’ll Learn?
- Key principles and concepts of financial management
- Importance of Financial Management for NGOs
- Structure and governance of NGOs
- Good practice systems: the building blocks of financial management
- Finance Health Check
- System-design techniques
- Introduction to Financial Planning
- The Financial planning processes
- Cost structures
- Functions and types of budgets
- Practical approaches to building good budgets
- Cash flow forecasting
- Consolidated budgets and budgeting for core costs
- Introduction to Accounting Records
- Record Keeping
- The accounting process: cash or accruals
- Practical accounting: completing the cashbook
- Bank reconciliation
- Procurement – steps, people and paperwork
- Financial information – who needs what, when and why?
- Using financial statements
- Using budget monitoring reports
- Overview of donor reporting
- How to minimize theft and fraud
- The role of audit
- Internal control policies and procedures development
- Summary of key messages
- Evaluation
Duration :
5 days or 4 weeks online
Delivery Mode :
- Online: Self-paced modules, live sessions, and virtual exercises.
- Onsite: Interactive workshops in Nairobi, Kenya, with group activities.
Cost :
Online :
USD 500
Onsite :
USD 800
4 Weeks Online :
USD 1600
Tailor Made Course:
- We can also do this as a tailor-made course to meet organization-wide training needs. A training needs assessment will be done on the training participants to collect data on the existing skills, knowledge gaps, training expectations and tailor-made needs.
Audience:
- Programme officers and managers who want to improve their skills in financial planning, control and reporting and government officers working in development projects.
Who Should Enroll ?
Programme officers
Programme Managers
Finance & Accounts Professionals
Contract & Supplier Relationship Managers