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How to Make Sense of Partners’ Audited Accounts
||How to Make Sense of Partners’ Audited Accounts|
|For:||Non-finance programme staff|
||Non-residential: fee excludes accommodation|
A programme officer’s role often involves assessing their partners’ annual financial statements. The formal audited accounts should give insight to an organisation’s activities and purpose but are often incomprehensible pages, full of numbers and accounting jargon.
This course is designed to help NGO programme staff to:
- read, analyse and make sense of the annual audited financial statements; and
- gain confidence to ask questions about the reports.
Who should attend?
This course is designed for non-finance programme managers and project officers of international NGOs who work with implementing partners and whose role includes reviewing partners’ annual financial statements.
This is a companion course to:
FM3: Financial Management for Effective Programmes: a Programme Officer’s Survival Course for Programme Managers want o build their skills and confidence in using financial management tools to implement project activities in a cost effective, controlled and accountable way; and
FM9: Assessing and Building Partners’ Financial Management Capacity for Programme Managers who implement programmes with local partner NGOs.
Previous financial management experience or training is not a requirement for this course. The ability to work comfortably in the language of the course delivery is essential.
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. See below for a Programme Guide.
The course includes a practical review of financial statements and covers:
- The accounting basis for the reports
- The balance sheet, income and expenditure statement, cashflow statement and accompanying notes to the accounts
- Financial analysis techniques
- The external audit report and auditor’s opinion
- The Management Letter and how to use it.
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
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||
|The main reports||
|Making sense of the figures||
|The Auditor’s Report||
|Summary and Close||