|
Integrating Financial Management
& Organizational Development Course Number 05
“ Whoever can be trusted with
very litte can also be trusted with much, and wheover is dishonest
with very little will also be dishonest with much”. Luke,
Chapter 16 :10 [NIV]
Introduction
This course provides participants with practical financial management
training carefully designed to meet the real needs of staff working
behind the scenes at head offices and in the field. The skills learned
will enable them to integrate financial management with other functions
of the organization. The course incorporates an interpretation of
the current 'Statement Of Recommended Auditing and Accounting Practice'
(SORAAPs). It encourages managers of all organizations, especially
NGOs and CBOs, to pursue value-for-money approach to the organizations
activities.
Course Objectives
By the end of this course, participants will be able to:
• Identify the guiding principles and tools of financial management;
• Explain the concepts of financial accounting, management
accounting and financial control, and prepare effective budgets;
• Devise practical plans to achieve organizational effectiveness
and change, which balances shortcomings, outcomes and long-term
strategic overview; and
• Manage organizational conflict and manage personal effectiveness
• Integrate financial management with organizational development
• Appreciate the need to adhere to local and international
Statutory obligations
Course Content
• Introduction to Financial Management and Organizational
Development
• Financial systems, structures and capacity
• Management Accounting for NGOs (MANGO)
• Practical Financial Management for NGOs
• Budgeting, budgetary controls and audits
• Strategic Management for NGOs- Administration for Financial
sustainability
• Financial Management for Programme Managers
• Financial Management for Field Accountants
• Information systems and financial management
• SORAAPs and other accounting standards.
• NGO accounting system and statutory obligations
• Introduction to financial accounting standards
• Understanding financial management, accounting and book
keeeping
• Financial management cycle, systems and structures
• Intorudction to financial accounting standards, local and
international statutary obligations
• Linking Financial management and Organizational development
Target Group
The target group includes: Finance Managers and Offcers, Accountants
and Book-keepers, Programme/Project Officers, Project Co-ordinators
and Programme Managers. Board Members, Company Secretaries, Administrators,
Programme and Finance Personnel interested in synthesizing finance
with organizational priorities.
Course Duration: 3 Days
Course Fees: Kshs. 15,000
---------------------------------------------------------------------------------------------------------------------------------------------------------
Finance for Non
Finance Managers Course Number 06
“ The Lord answered, “
Who then is the faithful and wise manager, whom the master puts
in charge of his servants to give them their food allowance at the
proper time?”Luke 12:42 [NIV]
Introduction
This course is built around interactive
and listening sessions with participants being given opportunities
to understand the purpose of finance, how to take advantage of the
market share, get returns on investment and ensure desired results/impact
from appropriate management of resources through various methods.
Course Objectives
Participants to this course will learn how to make decisions on
cost, production, pricing, market development, research and development
and capital investment. After attending this programme, participants
should be able to:
• Understand cash flow, profit and Loss and other Financial
Statements;
• Plan, monitor and control a budget;
• Differentiate the role between business managers and accountants;
• Work out financial implications of day-to-day decisions;
• Create much better use of the assets allocated to their
divisions or departments; and
• Expand & implement a concrete, time-bound cost reduction
plan for their departments.
Course Content
• Financial Management: An Outline
• The Working Capital Cycle
• Financial Diagnosis through Ratios
• Approaches to Cost Reduction
• Basic Cost Accounting Concepts
• Management of Inventories
• Finance for Managers
• Finance for Accountants
• Funds Flow Analysis
• Financial reports
• Cost-Volume-Profit Relationships
• Management of Receivables
• Budgeting and Planning
Target Group
The lessons are intended for all managers, directors, leaders and
supervisors, Programme/Project Officers, Project Co-ordinators and
Finance Personnel interested in synthesizing finance with organizational
priorities who are not trained in finance. They will get an outline
of interpretation of financial statements, work out financial implications
of their decisions in business; comprehend concepts of return on
investments and in specific operations, cutting costs for better
returns among other mechanisms for growth.
Course Duration: 3 Days
Course Fees: Kshs. 15,000
--------------------------------------------------------------------------------------------------------------------------------
Financial Sustainability
and Exit Strategy Course No. 07
“The plans of the diligent lead to profit...” Prov.
21:5a [NIV]
Introduction
With scarce resources facing development
organizations, thinking about implementation of a project and existence
of an establishment in terms of exit strategy and financial continuity
is a boon every investor would want to consider in future. Past
development practice by both donors and implementers has not been
rigorous on planning for exit in a systematic and coherent manner.
Rather projects have phased out due to a variety of reasons and
at times abruptly leaving communities with incomplete interventions.
This course seeks to address the challenges of sustainability by
provinding skills on how to improve organizational sustainability
and develop exit strategies within strategic and operational plans
as well as developing policies and consensus between partners on
exit measures.
Course Objectives
At the end of the course participants will be able to:
• Define financial sustainability and apply the concepts to
their organizations.
• Appreciate the need to integrate exit strategies in their
financial and programme plans
• Device exit strategies for their organizations.
Course Content
• Definitions and focus on Financial Sustainability
• Terms of development partnerships
• Incentives for continued growth
• Financial austerity versus flexibility
• Factors for changeover in management
• Collaborations and Network formations
• Formulation of exit strategy
• Exit strategies and end of project planning
Target Group
This course is very important for any manager, leader, directors,
investors, and government officials since it captures the technical
issues and challenges facing organization, which rely on partnerships
at any stage of development, with regard to the use of resources.
Course Duration: 3 Days
Course Fees: Kshs. 15,000
--------------------------------------------------------------------------------------------------------------------------------
Business Planning
Course Number 8
Wealth gotten by vanity shall
be diminished but he that gathereth by labour shall increase: (Proverbs
13:11)
Introduction
 Many
organizations are concerned about their growth and comparative advantage
in the market place. This course on business planning is to guide
organizations to stay abreast of developments in the market by ensuring
that they determine the pattern and growth rate as well as their
expansion. Through constant review of the vision and mission statements
the relevance and comparative advantage is sustained including strategies
for sustainability being formulated.
Course Objectives
At the end of the course, participants
will be able to:
• Have skills and knowledge on how to determine the rate of
growth and expansion of their organizations
• Understand the purposes fo business planning and its link
to organizational sustainability
• Acquire knowledge on market analysis and inquire into the
relevance of their services
• Review the purpose of the existence of their organization
and challenges they face and how to address them
• Knowledge and tools for business planning will be shared
back in the respective organizations
Course Content
• Background to type of businesses
• Define objectives of business planning
• Market analysis and the relevance of services offered
• Draft a market strategy
• Identify principles of marketing
• Clarify purpose of the existence of the respective organizations
• Outline risks facing the respective organizations and mapp
out mitigating measures
Target Group
The course is designed for Directors,
Managers and Finance Managers and Accountants
Course Duration 3days
Course Fees Ksh.15,000
|
