Not a finance professional? No problem. Everyone in an NGO should understand the key principles of good NGO financial management, no matter your role in an organization. From how to manage financial resources more effectively, to how to integrate good financial management systems into your entire organization, this course will teach you the key tools (both what they are and how to use them) for sustainable, resilient finances.
Finance DPro Certification Exam Preparation:
This course prepares learners to take the Finance DPro Exam, a globally recognized certification for development professionals. The course fee does not include the cost of the exam, and it is not administered at the end of the course. You can arrange to take the exam online at any time after the course, with costs starting from $30 from our certification partner, PM4NGOs.org.
What you will learn
By the end of this training, you will be able to:
Build and use effective budgets, such as project and donor budgets and cash flow forecasts
Describe the key processes and methods for accounting records
Use financial reports to monitor project performance and keep project finances on track
Assess the strengths and weaknesses of your financial management system
Improve or build internal controls to minimize the risk of fraud and errors
How you will learn
Format
Self-led
Effort
4 hrs/per week
Duration
8 Weeks
Certificate
Digital
Humentum’s self-directed and focused trainings put the learner first. Connect and engage with peers from around the world, while learning through a series of engaging videos, assignments and readings. An expert facilitator will guide you.
The platform is open for a set number of weeks, and you can log-in to work at your own pace whenever convenient. You’ll find our learning platform easy to navigate, with clear guides and instructions.
You can find out more about our online training platform by watching the following video:
Each week, the following module will become available. To proceed to the next module, you’ll need to earn points for completing various tasks (such as watching videos, reviewing resources, and interacting with others). The more tasks you complete, the more points you’ll earn.
We estimate this training requires 4 hours per module (6 modules in total), depending on your pace of learning, and previous experience.
Who should attend
Staff from small to medium-sized NGOs who are involved in program implementation and/or the management and control of financial resources
Non-financial managers and officers who want to improve practice in financial planning, control, and reporting
Finance officers interested in developing their financial management skills and knowledge to improve finance systems and support for program staff
Previous financial management experience or training is not a requirement for this course.
Meet your facilitators
Edna Chibole
Associate Trainer/Consultant, Kenya
Hilda Hakiza
Associate Trainer/Consultant, Uganda
Sareta Thomas
Associate Trainer/Consultant, South Africa
Lisa Mellon
Associate Trainer/Consultant, Canada
Walelign Wondye
Associate Trainer/Consultant, Ethiopia
Agenda
Expand All Collapse All
Module 1
Kick-off with an overview of financial management.
Foundations for Strong Financial Management
What is financial management?
Key financial management frameworks
The finance manual
Review activity: Finance health check
Module 2
The focus switches to accounting records, processes and tools.
Accounting for Programs
Why do we need accounting records?
Accounting processes and tools
The 3 Ps of procurement
Review activity: Finance health check
Module 3
A close look at financial planning’s processes and tools.
Financial Planning: Processes and Tools
The financial planning process
Budgets and budgeting for program management
Review activity: Finance health check
Module 4
Dive into practical budgeting and try creating your own mini-project budget.
Practical Budgeting
Activity-based budgeting
Creating budget for funding partners
Budget narratives
Activity: Creating a mini project budget
Module 5
This module explores financial monitoring and reporting.
Financial Monitoring and Reporting
Financial monitoring and reporting tools in program management
Reporting to funding agencies and partners
Budget monitoring reports and variance analysis
Activity: Analyzing a budget monitoring report
Review activity: Finance health check
Module 6
The final module looks at internal risks and controls.
Managing Internal Risks
Safeguarding program assets with internal controls
Responding to fraud and corrupt practices
Review activity: Finance health check
Reflection and action planning
Pricing and Discounts
Type
Discount
Humentum Member
10%
Groups of five or more
15%
Thank you Humentum for such an online workshop, which our team expected to attend for a long time. It was a wonderful experience to learn and know the universal trend in the financial management of NPOs. One of the important things I gained is it enhanced my capacity to use the skill to train the people working in the same field. After the workshop, I got a chance to facilitate one of the sessions in larger communities.
Anosh Shrestha Finance Officer - Grant Monitoring and Reporting,International Nepal Fellowship, Nepal (INF Nepal)
Organizational Training Package
Find out about our cost-savings training bundle for Humentum members
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