Why Attend
Welcome to the Budgeting and Financial Planning for NGOs training program, proudly designed by Commonwealth Training and Consulting Africa. As a leading institution committed to empowering organizations, this program aims to equip participants with essential skills and knowledge to enhance financial management within non-governmental organizations (NGOs). Through a comprehensive and hands-on approach, participants will gain the expertise needed to navigate the unique financial challenges faced by NGOs.
Instructor-led training that uses interactive learning methods, including class discussion, small group activities, and role-playing
Provide a foundational understanding of budgeting principles and financial planning tailored to the specific needs of NGOs.; Equip participants with practical tools to develop and manage budgets effectively.; Enhance financial decision-making skills to ensure sustainable and responsible financial practices within NGOs.; Foster a deeper understanding of financial reporting and compliance requirements for NGOs.; Empower participants to communicate financial information effectively to internal and external stakeholders.
Day 1: Understanding NGO Finances NGO Managers and Directors; Finance and Accounting Staff; Program Coordinators; Grant Managers; Fundraising Professionals; Board Members and Trustees
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Day 1: Understanding NGO Finances
Introduction to NGO Financial Management
Importance of Budgeting and Financial Planning
Key Financial Terminology for NGOs
Differentiating Capital and Operational Budgets
Day 2: Budget Development and Management
Principles of Budgeting
Steps in Budget Development
Budget Monitoring and Control
Variance Analysis
Day 3: Financial Decision-Making for NGOs
Financial Sustainability for NGOs
Risk Management in Financial Decision-Making
Funding Diversification Strategies
Investment and Reserve Policies for NGOs
Day 4: Financial Reporting and Compliance
Financial Reporting Requirements for NGOs
Understanding Audits and Compliance
Transparency and Accountability in Reporting
Best Practices in Financial Documentation
Day 5: Communication and Stakeholder Engagement
Communicating Financial Information Effectively
Engaging with Donors and Supporters
Building Financial Literacy among NGO Teams
Case Studies and Group Presentations