The financial management training program for NGO is seeking for introducing providing scientific and practical framework, about the methods an techniques that could be used at financial departments of NGOs, so that the performance of these departments become much more discipline and well organized in order to enhance the feeling of responsibility and self-control inside the finance departments themselves and also in accordance with the environments where finance people work. The distinct of this program is that it will introduce real life modules and examples about patterns and experiences for financial management from national and international NGOs, which will contribute positively on broadening the understanding and enhance the power of trainee, so that he / she will be able to get deep, solid and comprehensive realizing of the role of financial management at growing up with the NGOs and enforcing the transparency, discipline, and compliance.
This training program aims at:
- Enforce the trainee understanding of the significant role of financial management for building solid and stable organization.
- Create a real understanding that the role of financial management is beyond the recording of financial transactions, and doing payments and earning.
- Verifying the main factors that contribute to build solid financial management, and determining the mechanism of building such factors.
- Introducing complementary techniques and methods to enforce the role of financial planning, and measure its effects on the financial and institutional discipline at the NGO.
- Enforcing the concepts of connectivity, and the mutual roles between financial planning and general accounting at NGO.
- Enforcing the concepts of connectivity, and the mutual roles between the general accounting, treasury & cash management and procurement management at NGOs.
- Determining the role of financial associate at procurement process.
- High lightening important issues related to external auditing and internal control at NGOs
This training program is designed to target the following:
- The employee of Finance Departments at NGOs.
- The Executive directors at NGOs.
- Finance Managers at NGOs.
- The other stakeholders and concerned people and specialist in financial field.
This course is divided into two interrelated and integrated sides, which are theoretical and practical, so that there will be discussions for the ideas and supporting it with practical, comprehensive case studies it will cover the following:
Basic introduction for Understanding financial Management:
- Financial Management as a concept, and the difference between financial Management and Accounting work.
- The purpose, objective and importance of financial management at NGOs.
- The difference between grant management, financial management, and compliance management.
- Real life modules of financial management at NGOs
Financial planning and budgeting at NGOs:
- Budgeting process
- Associated people (Roles and responsibilities)
- Budgets Types (Practical Approach)
- Capital budgets.
- HR budgets from financial perspective.
- Master Budgets (Core and restricted)
- The structure of budgets, the multi donors / partners challenges (General Approach – United Approach)
Financial Controlling at NGOs (Tools and Indicators):
- Spending Management
- Budget Versus Actual.
- The frequency of controlling tools and indicators.
- The variances interpretations.
- Cash flow management
Internal Control at NGOs (the activities):
- Internal risk Management.
- Projects Financial risks profiles:
- Credit risk.
- Market Risk (exchange rate and commodity price fluctuations).
- Operational Risks (reputation, legal, and compliance Risks).
- Projects financial risk management:
- Pre management.
- Post management
- Daily financial reports
- Monthly financial reports.
- Quarterly Reports.
- Annual reports.
The internal relations between the financial departments units, and the relation with other departments.
- The relation between treasury and general accounting.
- The relation between Budgets and general accounting.
- The relation between finance and procurement department.
- The relation between finance and HR department.
- The relation between finance and programs.
- The relation between finance and grant and compliance departments.
The external auditing and internal control
- The importance of external auditing.
- Financial Disclosure.
- Internal control tools and techniques.
- Lessons Learned.
START 09:00 AM – July 14, 2018
END 04:30 PM – July 18, 2018
+90 (537) 893 62 78
FEES PER PERSON
2,360 USD including Accommodation & VAT