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Financial Literacy in NPO Governance
a competent board and a financially successful organization
This high-impact training allows the treasurer, directors and officers as well as the finance and audit committee to have motivating, human, relevant and engaging learning experiences that allow them to better understand the major financial concepts, as well as their controls, within an NPO. Based on proven concepts (CPA Accounting Principles, Synergistic Governance â„¢), this training helps you exercise greater diligence and increased financial oversight within an NPO and ensure its financial success.
Modules:
- What is an NPO?
- NPO governance
- Finance and financing
- Roles and responsibilities
- Financial health and performance
- The budget cycle
- The verification
- Reasonable assurances
Useful in the Following Situations:
- When we start a new budget year
- When we establish a finance, audit and verification committee
- When administrators and managers want to be more participatory in financial monitoring
- When the organization experiences financial difficulties
- When the organization is growing rapidly
- When financial responsibilities and the financial year are less well understood
Impact on the Organization:
- Responsible oversight of the organization's finances
- Practiced and demonstrable diligence
- An increased and shared sense of responsibility within the board
- Proper transparency of public finances
Following the Training, Participants Will be Able to:
- Better understand the organization's financial statements
- Be more participatory in financial monitoring
- Ask relevant questions related to financial reports
- Participate more easily in the finance committee
- Be more comfortable overcoming financial difficulties
- Differentiating Financing Strategy from Financial Management
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