Monday, 29 October 2012

Essentials of Financial Management and Communication (4 days) | ReliefWeb

Essentials of Financial Management and Communication (4 days) | ReliefWeb

Essentials of Financial Management and Communication (4 days)

Training
Registration deadline:  20 Nov 2012
Training date:  27 Nov 2012 to 30 Nov 2012
Using financial skills to maximise organisational and programme impact
Registration and course fees
Registration and payment deadline: 20 November 2012. Early bird fee available for payments until 27 September 2012.
Early bird fee/ Full fee:
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10% discount for returning students (within 12 months since the last course) or additional course participants from same organisation.
To register, please fill in the online registration form, or download the form and send it to us by email. For further inquiries, please contact us.
Course overview
Click here to download the course leaflet (PDF format).
The four-day course Essentials of financial management and communication is aimed at equipping NGO directors, managers, programme staff, fundraisers and other non-finance people. Whether working in a head office or internationally, it provides the knowledge and skills to effectively and efficiently manage financial resources.
Participants will learn the basics of financial management within a non-profit setting, including planning and monitoring budgets, using financial information to make the most of their resources, strategic financial management, and managing finance effectively to maximise organisational and programme impact. The course also shows how to achieve strong financial communication with management committee members, donors, partners and other stakeholders to optimise your work.
In this participatory workshop participants will learn to confidently use the skills which provide a working knowledge of finance and financial management. The workshop will include a balance of short inputs, discussion, group work and individual activities. There will be lots of opportunities to ask questions. The course is not only about learning financial skills but planning how to use them to help your organisation flourish.
Who should attend
It is for anyone needing to communicate financial information, and/or structure their organisation to make sure this happens. It would be particularly appropriate for finance staff, programme staff, managers and heads of organisations, and fundraisers – whether working nationally or internationally. It will be helpful for those who recognise their need to communicate more effectively about finance, and those wanting an insight into how finance people communicate.
How you and your organisation will benefit - Learning Objectives
By the end of this course, participants will be able to:
  • use financial management to build an organisation’s capacity
  • manage budget processes and cash flow and develop the building blocks for financial systems
  • evaluate financial information to help become more sustainable
  • apply basic financial controls to minimise the risks of errors and theft
  • advise a partner on the appropriate timing of individual financial interventions
  • recognise cultural differences between ‘finance’ and ‘non-finance’ people, and how to communicate effectively when working cross-culturally
  • communicate clearly about financial topics using practical skills

Course programme
DAY 1 Welcome Financial management
  • Financial management requirements in non-profit organisations
  • Financial and management accounting
  • Financial management: a means to an end
Finance planning and budgeting
  • Ground rules and costing principles
  • Budgeting case study
  • Funding grids, monitoring and managing cash flow
DAY 2 Financial systems
  • Building blocks of NGO financial records
  • Making full use of financial systems as a non-finance person
  • Underlying principles that only accountants know – until now!
Financial statements and evaluation
  • Financial statements: what do they mean and how are they used
  • Evaluating financial information
  • Reviewing financial statements and using them to build capacity
DAY 3 Strategic financial management
  • Sustainably managing ‘reserves’
  • Strategies for funding and allocating overheads
  • Checklist of keeping financial control: recognising danger signals of fraud
Building financial capacity
  • Financial capacity case study
  • Practical tips to build financial capacity
  • Improving financial management and programmeffectiveness
DAY 4 Finance and non-finance communication
  • Different work cultures and understanding each other
  • What finance and non-finance people say about each other
  • Tips for improving relationship
International variations
  • Working in inter-cultural situations
  • Practical solutions to communicating finance inter-culturally
  • Strategies for improving relationships and programmes
  • Action planning and course evaluation
Individual consultation
As a participant, you can obtain an individual consultation from the trainer during the course on how to further develop a project for your own organisation, or on another subject perhaps relating to a partner organisation.

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