Helping NGOs do more with their money

Getting the financial management basics right (5 days)

BasicsKey discoveries

  • Practical tools and tips for creating effective project budgets

  • Financial concepts and jargon de-mystified
  • Confidence to use financial reports for programme management
  • Applying policies and procedures to protect staff and assets.

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Download or print the full course outline here

Course code: ES1

This course is perfect for NGO staff involved in programme planning, implementation and support. It covers all the skills needed to set up strong finance systems and procedures, create project budgets, keep basic accounts, and prepare and read financial reports.

"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 costsEarly booking
£ GBP
Standard booking
£ GBP
Non-profit organisations and individuals less than £1m income700870
Non-profit organisations more than £1m income8701,090
For-profit/governmental organisations1,0901,360

Who should attend

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: 

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.

Programme guide

Day 1  
Welcome and overview
  • Introductions, expectations and programme overview
Key principles and concepts of financial management
  • What is financial management?
  • Why is it important for NGOs?
  • Structure and governance of NGOs
  • Good practice systems: the building blocks of financial management
  • Mango's Finance Health Check
  • System-design techniques
Day 2  
Financial planning
  • The Financial planning process
  • Cost structures
  • Functions and types of budgets
  • Practical approaches to building good budgets
  • Cash flow forecasting
  • Consolidated budgets and budgeting for core costs
Day 3  
Accounting records
  • Which records should you keep?
  • The accounting process: cash or accruals
  • Practical accounting: completing the cashbook
  • Bank reconciliation
  • Procurement - steps, people and paperwork
Day 4  
Financial monitoring
  • Financial information – who needs what, when and why?
  • Using financial statements
  • Using budget monitoring reports
  • Overview of donor reporting
Day 5  
Internal control systems
  • How to minimise theft and fraud
  • The role of audit
  • Internal control policies and procedures development
Summary and close
  • Summary of key messages
  • Evaluation
  • Certificates

Learning outcomes

By the end of the training, you will:

Do
  • build project, donor and consolidated budgets using the activity-based budgeting technique
  • prepare and use a simple cash flow forecast
  • prepare and reconcile an analysed cashbook
  • prepare and use simple financial monitoring reports
  • analyse financial statements and budget monitoring reports to assess performance
  • assess strengths and weaknesses in your NGO’s internal control systems
Know
  • describe the four building blocks and the seven principles of financial management and the role they play in achieving good practice in financial management
  • describe the financial management roles and responsibilities of board members, managers, finance and programme staff
  • explain the importance of budgets in planning, control and decision-making
  • explain the key components and language of a cash accounting system
  • explain the link between budgets, accounting records and financial reports
Feel
  • recognise that financial management is for everyone
  • appreciate the central role of financial management in achieving an NGO’s objectives
  • appreciate the importance of accountability and transparency in an NGO

Course dates

LocationAvailabilityEarly booking deadline 
Manila, Philippines
Mon 3 Oct 2016 - Fri 7 Oct 2016
2 places remaining8 AugustBook now
Yangon, Myanmar
Mon 3 Oct 2016 - Fri 7 Oct 2016
8 places remaining8 AugustBook now
Freetown, Sierra Leone
Mon 24 Oct 2016 - Fri 28 Oct 2016
4 places remaining29 AugustBook now
Accra, Ghana
Mon 31 Oct 2016 - Fri 4 Nov 2016
2 places remaining5 SeptemberBook now
Dubai, United Arab Emirates
Sun 6 Nov 2016 - Thu 10 Nov 2016
9 places remaining11 SeptemberBook now
Bangkok, Thailand
Mon 14 Nov 2016 - Fri 18 Nov 2016
12 places remaining19 SeptemberBook now
Nairobi, Kenya
Mon 14 Nov 2016 - Fri 18 Nov 2016
Fully booked – waiting list only19 SeptemberBook now
Addis Ababa, Ethiopia
Mon 5 Dec 2016 - Fri 9 Dec 2016
11 places remaining10 OctoberBook now
Dili, East Timor
Mon 6 Feb 2017 - Fri 10 Feb 2017
16 places remaining12 DecemberBook now
Lusaka, Zambia
Mon 6 Feb 2017 - Fri 10 Feb 2017
17 places remaining12 DecemberBook now
Monrovia, Liberia
Mon 13 Feb 2017 - Fri 17 Feb 2017
18 places remaining19 DecemberBook now
Yangon, Myanmar
Mon 13 Feb 2017 - Fri 17 Feb 2017
17 places remaining19 DecemberBook now
Bangkok, Thailand
Mon 6 Mar 2017 - Fri 10 Mar 2017
17 places remaining9 JanuaryBook now
Kampala, Uganda
Mon 13 Mar 2017 - Fri 17 Mar 2017
17 places remaining16 JanuaryBook now
Manila, Philippines
Mon 13 Mar 2017 - Fri 17 Mar 2017
17 places remaining16 JanuaryBook now
Kathmandu, Nepal
Mon 20 Mar 2017 - Fri 24 Mar 2017
18 places remaining23 JanuaryBook now
Dubai, United Arab Emirates
Sun 26 Mar 2017 - Thu 30 Mar 2017
18 places remaining29 JanuaryBook now
Juba, South Sudan
Mon 24 Apr 2017 - Fri 28 Apr 2017
17 places remaining27 FebruaryBook now
Tbilisi, Georgia
Mon 5 Jun 2017 - Fri 9 Jun 2017
17 places remaining10 AprilBook now
Nairobi, Kenya
Mon 12 Jun 2017 - Fri 16 Jun 2017
18 places remaining17 AprilBook now
Yangon, Myanmar
Mon 12 Jun 2017 - Fri 16 Jun 2017
18 places remaining17 AprilBook now

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