Finance For Directors and Executives - For Non Profit Organisations

This multimedia program consists of 6 Modules which are focused on finance for directors and executives for Non Profit Organisations. You will be able to pick financial signals and have a deeper awareness of how to have a sustainable organisation and have a thorough awareness of the financial health of your organisation.

OVERVIEW:
Major Financial Management Differences between NPOs and For-Profit Organisations
7 Characteristics of Quality Financial Management in an NPO

FINANCIAL MAINTENANCE: 
9 Fundamental Principles of Financial Management
Financial Responsibilities and the NPO – Board versus Executives
NPO Bookkeeping
Records Maintenance
Accounting Systems / Accounting Records Security
Auditing Requirements
Annual Reporting Requirements
Information Returns
The Taxman and the NPO

ANALYSIS AND FINANCIAL PLANNING:
Cornerstones of an NPO Financial Plan
Financial Statement Analysis
Financial Stability / Financial Health Analysis

BUDGETING AND PROJECTING:
The Budgeting Process
5 Points to Consider When Reviewing and Finalizing the Budget
Unit-Based Budgeting
Cost-Benefit Analysis
8 Things to Know after Completing a Budget

FINANCIAL OVERSIGHT
4 Financial Oversight Principles for NPOs
The Philosophy
Fiscal Efficiency in the Financial Oversight Process
Base Costing Strategies
Cost-Cutting Strategies
Income-Growth Initiatives
Income Development and Diversification
Financial Management Infrastructure Hierarchy and the NPO
Human Resources and Financial Oversight


 

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