A sound financial management is a crucial aspect of any thriving organization. Professionals who possess basic 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. This highly practical six months course will teach you finance and financial management within an NGO context, including how to budget, read financial statements, conduct a cash flow analysis, cut costs and perform several other finance-related functions. Learn how to make good personal and work-related financial decisions, and gain important insight into the financial side of business in order to make a real impact in your career or organization you work for.

Course Objectives

By the end of this training the participants will be able to:

Understand financial planning and budgeting
Understand the fundamentals of financial accounting
Analyze and interpret financial reports
Effectively manage cost and cash flow
Implement effective internal control systems
Make informed and accurate financial decisions
Apply strategic financial management to add value to the budget execution process
Undertake cost analysis and apply strategic management and costing principles to support improved decision making

Outline

The Following are the Key Thematic Areas Participants Will Cover:

What is Finance vs Accounting?
Budgeting
Internal Controls
Grants Management
Understanding Financial; information and jargon
Key Financial Ratios
Presentation of and Managing Financial Performance
Cashflow Management
International Financial Reporting and Financial Standards

Assignments: There are four assignments (continuous assessment tests), research paper and one examination to be offered at the end of the course. Assignments account for 40%, research paper counts for 30%, while the Final Exam accounts for 30% of the total mark. Upon completion of the course, you shall be issued with a Diploma Certificate and a course transcript.

Examination Certificate and Transcripts will be sent after successful completion of the course.

Duration and Course Load: 24 weeks (5 to 6 hours per week)

Dates: (Six Months) Course Starts at 1st of Every Month
Participants: Development Professionals
Regions: Global
Organizer: Africa Training Institute
Language: English
Format: Web-based and Distance Learning Facilitated

Schedules

Oct 10, 2022 - Aug 30, 2023

ENDED

Mon, Tue, Wed, Thu

Add to Calendar

No. of Days:

180

Reviews

Be the first to write a review about this course.

Write a Review

Africa Training Institute is the leading Humanitarian and Development Training Provider in Africa

Our mission is to make Humanitarian and Development work more effective by conducting research and in-house training, to address capacity building needs, among Development partners, Donor organizations, Government agencies and International and Private sector firms in Africa.

We are an award-winning training organization that combines over 25 years of on-the-ground practitioner expertise with an up to date research and development department.

Africa Training Institute works with leading frontline organizations and institutions around the globe to equip humanitarian aid workers with everything they need to support relief efforts in times of disaster and crisis. Along with our partner organizations, we offer online courses, hands on training sessions and a recognized certification program to provide you with the information, skills, and accreditation you need to get hired and succeed.

Email : [email protected]

View Complete Profile

Financial Management