Financial Management for NGOs - Key Concepts and Essentials - Hurbad

50 Cashir

5 Saacadood

iTUS iyo iiSheeg

Certificate*

Course Content

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MODULE 01: KEY CONCEPTS AND TOOLS 12 Cashir

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What is the financial management

Why financial Management is important

Organising Tools

Controlling Tools

Monitoring tools

MODULE 02: FINANCIAL MANAGEMENT – ROLES AND RESPONSIBILITIES 6 Cashir

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Delegation Of Authority

Board – Roles and Responsibilities

The Four Areas Of Operations 01

The Four Ares Of Operations 02

Plan – Do – Review Cycle

Financial Control

MODULE 03: THE FOUR BUILDING BLOCKS 5 Cashir

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The four Building Blocks of Financial management

Accounting Records

Financial Planning

Financial Monitoring

Internal Control

MODULE 04: THE FINANCE MANUAL 3 Cashir

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What is a Policy

What are Procedures

What is a Finance Manual

MODULE 05: SEVEN PRINCIPLES FOR FINANCIAL MANAGEMENT 8 Cashir

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The Seven Principles of financial management

Accounting Standers

MODULE 06: ACCOUNTING RECORDS 10 Cashir

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Why we need to keep accounting records

Which Accounting Records to keep

Financial Accounting and Management Accounting

Compering Finanial and Managment Accounting

Cash-based and accruals-based accounting

The 3 Ps of procurement

Steps in the procurement process

Detailed steps in the procurement process – 01

Detailed steps in the procurement process – 02

Detailed steps in the procurement process – 03

MODULE 07: ACCOUNTING CODES AND CHART OF ACCOUNTS

MODULE 08: TYPES OF COSTS AND INCOME