Most NGOs rely completely on funding and therefore having proper accounting systems in place becomes all the more important. As an NGO you need to be accountable to the donor agencies and individuals who support your cause. With proper systems in place, you can keep track of your expenditures and submit timely reports to them. This would lead to enhanced trust between you and the donor, thereby increasing the chances of your NGO getting continuous support from them. With limited funding, it is important for an NGO to manage all the funds in a careful manner. Furthermore, proper finance systems will also help the NGO maintain financial reports and showcase their entire spending to the regulatory bodies as per the agreed terms.
This post-graduate course is aimed at developing sound financial management which is a crucial aspect of any thriving organization. Professionals who possess financial management knowledge and skills are often at an advantage in the talent market, and by the same token, entrepreneurs seeking to grow a business need to possess these skills to ensure success.
Introduction to Financial management
Principles of financial management
Accounting and financial statements
International financial management and Investment
Grants management in NGOs
The Need for Financial Management in Organizations
Financial Management and Control in the NGO sector
Participants will be required to submit 10 assignments, a research paper, and one final examination for the period of 12 months to demonstrate their understanding of the course content. Assignments account for 60%, research paper accounts for 30% while Examination accounts for 10% of the marks.
Upon successful completion of the course, the participant will receive a Post Graduate Certificate of Merit and a transcript.