BUSINESS & MANAGEMENT - Financial Management for Non-Financial Managers
Accountability has become a constant companion in the mission of all organizations under pressure to prove their effectiveness. Proper management and thorough reporting of finances is fundamental in maintaining relationships with funding agencies, governments and other stakeholders.
PARTICIPANTS WILL BE ABLE TO:
-Identify what Financial Management is
-Identify project cycle and project funding as well as assessing proposals
-Identify the means for resource allocation, budgeting, appraising a budget, disbursement and cash planning
-Justify expenditure and cost accounting
-Estimate financial ratios
-Understand financial statements
-Develop the skills of financial reporting, auditing and internal control
-Improve financial management
-Develop individual action plans and presentations
-A manager, adviser or desk officer involved in planning and implementing development interventions, or those who are involved in the management of development organizations
-Those responsible for (certain areas of) financial management relating to their organization, its programs or projects, but without a specific financial background, and who would like to have the skills and knowledge to appraise financial information for decision making purposes.