Financial Management for Non-Profits

Course Title: Financial Management & Social Accountability for Non profit & Charitable organizations

Next Date: 19th to 23th April 2010 at Visthar, Bangalore

Register online

Why is this workshop needed?

Every one involved in community action has the responsibility of ensuring that their limited resources are used effectively while implementing programmes. However basic financial management skills are often lacking and financial accountability too often gets side-lined during programme implementation.

Good financial management is very important for voluntary organizations and it depends on programme staff and finance staff working together. Effective use of resources depends on programme staff assessing the actual needs of the communities they are helping and the finance staff understanding and supporting such needs.

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Objectives

  • To enable participants jointly understand  and evolve systems for financial planning, monitoring and evaluation
  • To strengthen skills and confidence in integrating finance and operations effectively

Learning outcomes

At the end of the course, participants will be able to:

  • Use Internal Control mechanisms in programmes and in financial systems
  • Build project-wise, activity-wise, and consolidated budgets using activity-based budgeting techniques
  • Prepare and use a simple cash flow forecast
  • Recognize the importance of being accountable and transparent to stakeholders to ensure effective use of resources
  • Prepare and analyze financial reports
  • Understand various taxation and legal provisions

Methodology

The course will be facilitated by a team of trainers including practising Chartered Accountants. Methodologies used will include lecture sessions, group exercises and discussions, case-studies and practical problem-solving activities.

Participants

Finance and programme personnel of NPOs & charitable organizations in India

Course fee and registration

The course fee is Rs.5000/- (Rupees Five Thousand only). It covers course materials, boarding and lodging expenses. For non-residential participants the fee is Rs. 2500/- (Two Thousand Five Hundred Only)

Interested candidates may fill in the enclosed form and mail to us on or before March 15, 2010 with a D.D. drawn in favor of Visthar Trust payable at Bangalore (Bangalore candidates may pay by cheque)

Note: Participants are required to bring the budget, Annual reports and annual accounts of their organizations (may be for three years) This will be used for analysing financial statements.

Register online

For further details, please contact: M. Francis, mail@visthar.org or accounts@visthar.org , Ph: 080 28465294 & 28465295