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- FM1: Practical financial management for NGOs
- FM1Fr Maîtriser les fondamentaux
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- FM5: Financial management for effective & sustainable programmes
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- FM8Fr: Les Fondamentaux de la Gestion des Subventions
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Practical financial management for NGOs: Getting the basics right
"The first training I have ever been to that I have not continuously looked at my watch to see when it is over. It was interesting and fun, which is strange when considering how much I have previously hated finance. Great trainer!"
|Course Title:||Practical Financial Management for NGOs: Getting the Basics Right|
|For:||Non-finance managers and finance officers|
||Non-residential: fee excludes accommodation|
Financial management is the lifeblood of an organisation. Everyone working to achieve an NGO’s 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.
The FM1 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;
- finance officers interested in developing their financial management skills and knowledge to improve finance systems and support for programme staff.
Previous financial management experience or training is not a requirement for this course.
We recommend that you read this course outline carefully to make sure the content is relevant and meets your learning requirements. If you are not sure if this course is for you, please contact us.
The final balance of course content will be decided by those attending the course, according to their interests and training needs.
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
Also see the Programme Guide.
At the end of the course, participants will be able to:
The Mango training approach is highly practical, participatory and often fun!
We focus on real issues and help participants to use the tools covered, rather than just discuss them. We work especially hard to de-mystify financial concepts to overcome the fear of finance.
“Mango training really does take the fear out of finance!”
We train in small groups to meet the needs of individual participants and use a variety of learning methods to stimulate interest and meet different learning styles. Participatory techniques include interactive presentations, practical problem-solving activities, case studies and quizzes.
Courses are supported by extensive materials for participants to take away and apply after the course, including a detailed course manual. We also offer a free follow-up service by email or phone to all Mango trainees.
How to Book
All courses can be booked online or by completing a booking form and sending it to the training team. Full terms and conditions are also available on our website, as well as the latest calendar, current availability and course fees.
You are also welcome to telephone us with enquiries on +44 (0)1865 423818.
The course fee covers: tuition, all course materials including a course handbook and workbook; complementary Mango pen, ‘jargon ball’ and calculator; lunch and refreshments during the course; and a course certificate.
The course fee does not include the cost of overnight accommodation or travel to and from the training venue.
|Welcome and Overview||
Key Principles and
Concepts of Financial Management
|Internal Control Systems||
|Summary and Close||