Introduction:

Welcome to the Budgeting and Financial Planning for NGOs training program, proudly designed by Global Horizon Training Center. As a leading institution committed to empowering organizations, this program aims to equip participants with essential skills and knowledge to enhance financial management within non-governmental organizations (NGOs). Through a comprehensive and hands-on approach, participants will gain the expertise needed to navigate the unique financial challenges faced by NGOs.

Objectives:

• Provide a foundational understanding of budgeting principles and financial planning tailored to the specific needs of NGOs.

• Equip participants with practical tools to develop and manage budgets effectively.

• Enhance financial decision-making skills to ensure sustainable and responsible financial practices within NGOs.

• Foster a deeper understanding of financial reporting and compliance requirements for NGOs.

• Empower participants to communicate financial information effectively to internal and external stakeholders.

Target Audience:

• NGO Managers and Directors

• Finance and Accounting Staff

• Program Coordinators

• Grant Managers

• Fundraising Professionals

• Board Members and Trustees

Outlines:

Day 1: Understanding NGO Finances

• Introduction to NGO Financial Management

• Importance of Budgeting and Financial Planning

• Key Financial Terminology for NGOs

• Differentiating Capital and Operational Budgets

Day 2: Budget Development and Management

• Principles of Budgeting

• Steps in Budget Development

• Budget Monitoring and Control

• Variance Analysis

Day 3: Financial Decision-Making for NGOs

• Financial Sustainability for NGOs

• Risk Management in Financial Decision-Making

• Funding Diversification Strategies

• Investment and Reserve Policies for NGOs

Day 4: Financial Reporting and Compliance

• Financial Reporting Requirements for NGOs

• Understanding Audits and Compliance

• Transparency and Accountability in Reporting

• Best Practices in Financial Documentation

Day 5: Communication and Stakeholder Engagement

• Communicating Financial Information Effectively

• Engaging with Donors and Supporters

• Building Financial Literacy among NGO Teams

• Case Studies and Group Presentations