This Financial Management training for NGOs aims to equip participants with the necessary knowledge and skills to effectively manage the financial resources of their organization. By the end of the training, participants will be able to understand the principles of financial management, evaluate accounting options, develop and implement budgets, establish internal controls and safeguard assets, and prepare for audits. The training is designed for staff members of NGOs and other non-profit organizations who are responsible for financial management and seeks to enhance their ability to manage financial resources efficiently and effectively.
Explains why financial management is important for NGOs
Clarifies financial management and financial control
Describes the seven principles of financial management
The Building Blocks of Financial Management
The Plan – Do – Review Cycle
Understanding Finance and Accounting
Financial Accounting vs. Management Accounting
Accrual Accounting vs. Cash Accounting: comparison, Advantage and Disadvantage.
What is a Trial Balance?
What are Financial Statements?
Understanding Full Cost
Accounting for Shared Costs.
Budgeting and Financial Planning.
What is a Budget?
Types of Budgets.
Elements of Budget Worksheet.
What Makes a good Budget.
Internal Control, Cash Management and Safeguarding Assets.
What an Internal Control Procedures, Why they are important?
Internal Control types and Classification
Internal Control According to COSO Objectives and Components
Examples of internal control procedures that are commonly used by organizations
Internal Control Case Studies
Managing Audit for Non-Profit
What is an Audit?
Summary: Different Types of Audits
What Does the Auditor Need?
Who Should Attend?
The course is designed to fit Midlevel and Senior Financial Staff in NGOs and UN agencies.
Training Hours and Schedule
Training time: 11:00 - 17:00
Location: Erbil, mselect office
Duration: 8 days
About the trainer
Ibaa Amayri: About 6 years’ experience in Financial Management, Accounting and analysis in NGOs and UN agencies, with 4 years’ experience in accounting & finance in private (trading/industrial) sector. Financial analyst with excellent analytical skills, financial management, economic feasibility studies, Internal control, applying financial standards and policies, cost control, and budgeting.
MSc in Risk Management, Bachelor in Economics.
Must be made 7 working days before the start of the course. Payment can be made in cash, by bank transfer or through exchange offices.
How do I register?
You can register by email@example.com the following details:
Name of the course: