Helping NGOs do more with their money

New Agenda - Implications for NGO financial management

If NGOs were to put this new management agenda into practice, what are the implications for financial management? How would it change the way things are done on a day to day basis? What would we need to do to make it a reality?

Here are the main practical implications for financial management systems on the Two Golden Rules. The underlying aim is to integrate financial management into programme management, empower staff and build ownership.

Financial planning

Golden Rule 1: ‘Good quality dialogue with communities’

Golden Rule 2: ‘Enable front-line staff to make good judgements’

Accounting records

Golden Rule 1: ‘Good quality dialogue with communities’

Golden Rule 2: ‘Enable front-line staff to make good judgements’

Financial monitoring

Golden Rule 1: ‘Good quality dialogue with communities’

Golden Rule 2: ‘Enable front-line staff to make good judgements’

Internal control

Golden Rule 1: ‘Good quality dialogue with communities’

Golden Rule 2: ‘Enable front-line staff to make good judgements’

 

If you are interested in applying this New Management Agenda, please see our Who Counts? website.

 

Also see Reporting to beneficiaries and Accountability Sections of the Guide

 

If you have put any of these ideas into practice, please share your experience with other Mango users by submitting a case study.

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