An introduction to financial planning and budgeting from Mango, the leading non-profit that helps NGOs do more with their money. This is the second in a series of slideshows that introduce the essentials of financial management for NGOs.
Financial Management Training 10.20.2010GlobalGiving
Tips & Tools for NGO Financial Management presented by Denise Phelps, Treasurer for Maryland School for the Deaf and Civitan Club, on October 20, 2010.
Ernie Paszkiewicz, CPA, of Gross Mendelsohn's Nonprofit Group presented "Budgeting and Financial Statement Basics for Nonprofits." The seminar was for executive directors, staff and board members of small or new nonprofit organizations. The presentation was designed to help attendees understand budgeting and forecasting revenue and expenses, as well as financial statements and audits.
An introduction to financial planning and budgeting from Mango, the leading non-profit that helps NGOs do more with their money. This is the second in a series of slideshows that introduce the essentials of financial management for NGOs.
Financial Management Training 10.20.2010GlobalGiving
Tips & Tools for NGO Financial Management presented by Denise Phelps, Treasurer for Maryland School for the Deaf and Civitan Club, on October 20, 2010.
Ernie Paszkiewicz, CPA, of Gross Mendelsohn's Nonprofit Group presented "Budgeting and Financial Statement Basics for Nonprofits." The seminar was for executive directors, staff and board members of small or new nonprofit organizations. The presentation was designed to help attendees understand budgeting and forecasting revenue and expenses, as well as financial statements and audits.
Table of Contents
0. What is financial management?
1. Policy & Procedures Manual
2. Accounting Policies
3. Summary of Procedures
4. General Ledger
5. Cash Management and Disbursements
6. Budgeting and Budgetary Control
7A. Cost Allocation
7B. Fixed Assets
8. Travel
9. Procurement of Goods and Services
10. Reporting Requirements
11. Payroll
12. Computer Information Systems (CIS)
At the end of this presentation you will understand the essentials of financial management including building blocks and tools of financial management; accounting records; financial planning and monitoring; managing audits and how to safeguard your assets (internal control)
Basics of Financial Management for Non Finance Executives - Part 1SChakrabarti
This is an introductory Session of Financial Management for Non Finance executives. it covers the basic Financial concepts and provides an overview of Financial Statements, different types of transactions and the similarities and differences between assets & expenses.
Nonprofit accounting and IRS Form 990 overview. How non profit entities can account for revenue, expenses, contributions, unrelated business income, and balance sheet transactions. IRS requirements for tax-exempt organizations.
Basics of Accounting. Principles and concepts of Accounting
what is Double Entry System of Accounting?what Financial Statements?
Accounting is a process of identifying, recording, summarising and reporting economic information
to decision makers in the form of financial statements.
What are the practical difficulties faced by NGOs while applying for tax exemptions? What are the caution points to avoid their withdrawal? Why do donors or NGOs need to put internal controls in place? What are the types of fund raising and the checklist that must be answered before accepting a donation? What is funding mix? How to combat the difficulties faced by NGOs during fund raising?
How to prepare budgets and what are the check points that make budgets an effective reporting tool?
Get all your queries answered.
Table of Contents
0. What is financial management?
1. Policy & Procedures Manual
2. Accounting Policies
3. Summary of Procedures
4. General Ledger
5. Cash Management and Disbursements
6. Budgeting and Budgetary Control
7A. Cost Allocation
7B. Fixed Assets
8. Travel
9. Procurement of Goods and Services
10. Reporting Requirements
11. Payroll
12. Computer Information Systems (CIS)
At the end of this presentation you will understand the essentials of financial management including building blocks and tools of financial management; accounting records; financial planning and monitoring; managing audits and how to safeguard your assets (internal control)
Basics of Financial Management for Non Finance Executives - Part 1SChakrabarti
This is an introductory Session of Financial Management for Non Finance executives. it covers the basic Financial concepts and provides an overview of Financial Statements, different types of transactions and the similarities and differences between assets & expenses.
Nonprofit accounting and IRS Form 990 overview. How non profit entities can account for revenue, expenses, contributions, unrelated business income, and balance sheet transactions. IRS requirements for tax-exempt organizations.
Basics of Accounting. Principles and concepts of Accounting
what is Double Entry System of Accounting?what Financial Statements?
Accounting is a process of identifying, recording, summarising and reporting economic information
to decision makers in the form of financial statements.
What are the practical difficulties faced by NGOs while applying for tax exemptions? What are the caution points to avoid their withdrawal? Why do donors or NGOs need to put internal controls in place? What are the types of fund raising and the checklist that must be answered before accepting a donation? What is funding mix? How to combat the difficulties faced by NGOs during fund raising?
How to prepare budgets and what are the check points that make budgets an effective reporting tool?
Get all your queries answered.
From Bolt-on to Built-inManaging Risk as an Integral Part of Managing an Organization
New Horizons in Corporate Risk Management April 5, 2016 Moscow, Russia
Vincent Tophoff, International Federation of Accountants (IFAC)
Understand the objectives and functions of financial management. Get your concepts clear on what does financial management mean, why is financial management improtant and many more.
Integrating Investor Relations Internally - ABF Investor Relations ConferenceKenny Ong
Integrating Investor Relations internally
*Importance of involving employees’ participation in the Investor Relations programme
*Management’s leadership and transparency in promoting and enhancing employees’ cooperation in building corporate values
*Constant interaction as continuous improvement and enforcement in creating shared corporate values
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
3. Take a moment to write down
3 or 4 thoughts on what
financial management involves
before moving to the next
slide ...
Go on
when
ready
www.mango.org.uk
5. One way to think about financial
management to an organisation is
like maintenance to a car ...
.. we need to put in good
quality fuel and give it a
regular service so that it
will run efficiently.
www.mango.org.uk
6. But if we neglect it,
the car will break down
and will not reach its
intended destination.
www.mango.org.uk
8. Money is used
properly
Assets are kept
safe
Staff are protected
Managers can
sleep soundly!
www.mango.org.uk
9. This is a simple project
management cycle ...
See if you can write
down the equivalent of
each stage in financial
terms.
www.mango.org.uk
Review
Go on
when
ready
10. Build in learning
and take action
Review
Monitor
the budget
www.mango.org.uk
Set the
budgets
Receive &
spend project
funds
11. Why is financial management
important in our work?
What do you think? The next slides
share ten good reasons
How many can you get?
Go on
when
ready
www.mango.org.uk
13. To be accountable
to the people who
give us money
www.mango.org.uk
To be
accountable to
the communities
we work with
14. To be accountable
to the people who
give us money
To be
accountable to
the communities
we work with
To provide
financial reports
for regulatory
bodies
www.mango.org.uk
15. To be accountable
to the people who
give us money
To be
accountable to
the communities
we work with
To provide
financial reports
for regulatory
bodies
www.mango.org.uk
To plan for the
future and
become more
financially secure
16. To be accountable
to the people who
give us money
To minimise fraud,
theft and abuse of
resources
www.mango.org.uk
To be
accountable to
the communities
we work with
To provide
financial reports
for regulatory
bodies
To plan for the
future and
become more
financially secure
17. To enable staff to
make better
decisions on the
use of funds
www.mango.org.uk
18. To enable staff to
make better
decisions on the
use of funds
www.mango.org.uk
To achieve the
objectives of the
organisation
19. To enable staff to
make better
decisions on the
use of funds
To achieve the
objectives of the
organisation
To enhance the
credibility of the
organisation
www.mango.org.uk
20. To enable staff to
make better
decisions on the
use of funds
To achieve the
objectives of the
organisation
To enhance the
credibility of the
organisation
To strengthen
fundraising efforts
www.mango.org.uk
21. To enable staff to
make better
decisions on the
use of funds
To
get best value for
our money
www.mango.org.uk
To achieve the
objectives of the
organisation
To enhance the
credibility of the
organisation
To strengthen
fundraising efforts
22. A key feature of financial
management is
managing risk
Two types of risk:
Internal – from
within, which we can
do something about
External – from
outside so beyond our
direct control
www.mango.org.uk
23. Financial risks pose a threat to
our financial resources.
Write down one internal and
one external risk facing your
organisation...
Go on
when
ready
www.mango.org.uk