Management Accounting for Non Governmental Organisations: Practical Financial Management for NGOs - Getting the Basics Right
The Management Accounting for Non Governmental Organisations (MANGO) is a United Kingdom-based NGO that helps aid agencies, NGOs and nonprofits to work more effectively.
Financial management is the lifeblood of an organisation. Everyone working to achieve an NGOs objectives has an important role to play in ensuring effective and proper use of financial resources. However, basic financial management skills are often lacking and financial management too often gets side-lined during programme implementation.
MANGO is conducting a five-day course on ‘Practical Financial Management for NGOs - Getting the Basics Right’ from 27 February to 2 March 2012 in Harare, Zimbabwe.
The course is designed to strengthen the financial management skills and confidence of NGO staff to integrate good financial management systems into operations management and manage and control financial resources more efficiently and effectively.
This course is primarily aimed at staff in small to medium-sized NGOs who are involved in programme implementation and/or the management and control of financial resources. It is designed specifically for non-financial officers and managers who want to improve practice in financial planning, control and reporting. It also targets finance officers interested in developing their financial management skills and knowledge to improve finance systems and support for programme staff.
The core components of the course include:
- The ‘what, why and who’ of financial management for NGOs;
- How to achieve good practice in financial management – key principles and frameworks;
- Building and using effective budgets – including project and donor budgets, and cash flow forecasts;
- Which accounting records you should keep in your NGO – and why?
- Budgeting and accounting for central support (‘core’) costs;
- Understanding the Balance Sheet – how to make sense of annual financial statements;
- Monitoring and controlling budgets – preparing and using budget comparison reports;
- Reporting to donors – how to meet donors requirements;
- Safeguarding our assets – internal control systems and procedures;
- Managing the audit process.
For more about the Management Accounting for Non Governmental Organisations, refer to www.mango.org.uk.
To view other events, refer to www.ngopulse.org/group/home-page/events.