The document provides tips for establishing strong financial systems for civil society organizations. It discusses the importance of financial systems for planning, decision making, accountability, and sustainability. Key components of financial systems include accounting records, financial planning, monitoring and reporting, oversight by a governing board, and internal controls. Proper financial systems help organizations track funds, comply with regulations, and inspire confidence in funders.
Presentation on finance fundamentals for nonprofit organizations. Geared towards non-accountants, this presentation deals with the following:
- Characteristics of nonprofits and responsibility for financial information
- Basic review of accounting principles
- Financial statements
- Different members of the finance team
- Financial policies for nonprofits
- Communicating financial results
- Nonprofit tax
Presentation on finance fundamentals for nonprofit organizations. Geared towards non-accountants, this presentation deals with the following:
- Characteristics of nonprofits and responsibility for financial information
- Basic review of accounting principles
- Financial statements
- Different members of the finance team
- Financial policies for nonprofits
- Communicating financial results
- Nonprofit tax
For Executive Directors, COOs and CFOs: To better educate the Board of Directors and those charged with governance, and their various committees that deal with financial matters, your organization’s interim and annual financial statements, internal controls and fraud risk, auditor rotation, and other matters. This class will also address the role of the audit committee, the finance committee, and the Board of Directors, and how you might to better manage them.
Financial Management is seeing to it that schools have the funds it requires to meet its goals in its quest to becoming a sustainable and viable institution and that value for money is gained for such funds expended.
Agile Planning for Healthcare ProvidersBen Lamorte
Anticipating change and developing an effective organizational strategy to adapt is perhaps the greatest challenge healthcare executives face. With the multitude of factors affecting business operations, payment, and market dynamics in the post-reform era, traditional budget methods are no longer sufficient.
Client Evaluation and Planning the Audit Lecture slide chapter 8
Describe the steps involved in client acceptance and continuance.
State the purpose and content of an engagement letter.
Explain the steps in planning an audit.
Identify the risks of misstatement through understanding the entity and its environment.
Explain the role of analytical procedures in audit planning.
Describe the requirements to consider the risk of fraud in the audit planning process.
Explain the purpose and function of audit working papers.
India is basically an agricultural country and the success or failure of the harvest and water scarcity in any year is always considered with the greatest concern. These problems are closely linked with the behavior of the summer monsoon rains in India.
In this research paper, a multiple linear regression (MLR) method is adopted to predict the average summer monsoon rainfall in a given year using the monthly rainfall data of the summer-monsoon of the previous year.
For Executive Directors, COOs and CFOs: To better educate the Board of Directors and those charged with governance, and their various committees that deal with financial matters, your organization’s interim and annual financial statements, internal controls and fraud risk, auditor rotation, and other matters. This class will also address the role of the audit committee, the finance committee, and the Board of Directors, and how you might to better manage them.
Financial Management is seeing to it that schools have the funds it requires to meet its goals in its quest to becoming a sustainable and viable institution and that value for money is gained for such funds expended.
Agile Planning for Healthcare ProvidersBen Lamorte
Anticipating change and developing an effective organizational strategy to adapt is perhaps the greatest challenge healthcare executives face. With the multitude of factors affecting business operations, payment, and market dynamics in the post-reform era, traditional budget methods are no longer sufficient.
Client Evaluation and Planning the Audit Lecture slide chapter 8
Describe the steps involved in client acceptance and continuance.
State the purpose and content of an engagement letter.
Explain the steps in planning an audit.
Identify the risks of misstatement through understanding the entity and its environment.
Explain the role of analytical procedures in audit planning.
Describe the requirements to consider the risk of fraud in the audit planning process.
Explain the purpose and function of audit working papers.
India is basically an agricultural country and the success or failure of the harvest and water scarcity in any year is always considered with the greatest concern. These problems are closely linked with the behavior of the summer monsoon rains in India.
In this research paper, a multiple linear regression (MLR) method is adopted to predict the average summer monsoon rainfall in a given year using the monthly rainfall data of the summer-monsoon of the previous year.
Detecing facial keypoints is a very challenging problem. Facial features vary greatly from one individual to another, and even for a single individual, there is a large amount of variation due to 3D pose, size, position, viewing angle, and illumination conditions. Computer vision research has come a long way in addressing these difficulties, but there remain many oppurtunities for improvement.
In this presentation we have used different methods to recognize facial keypoints and compared their RMSE (Root Mean Square Errors) to get better results and accuracy.
Advantages of Disbursement Accounting_ Real-Time Tracking and Improved Financ...X-Golf Simulators
Reduce costs with the leading disbursement accounts management solution in shipping – DA Desk. Including Disbursements Accounting, Port Disbursement Account, Final Disbursement Account Shipping, Proforma Disbursement Account, PDA Port Charges and DA Shipping.
BSBFIM501 Manage budgets and financial plansVannaSchrader3
BSBFIM501
Manage budgets and
financial plans
2
Housekeeping
Emergency procedures
Mobiles, security issues
Break times/smoking policy
This course is “interactive” – ask questions
Respect, confidentiality, practice
Ground rules
3
Objectives
Discover how to plan financial management approaches
Know how to implement financial management approaches
Learn how to monitor and control finances
Understand how to review and evaluate financial management processes
Gain the skills and knowledge required for this unit.
FIVE MAJOR FUNCTIONS OF
BUSINESS MANAGEMENT
1. Planning
2. Organising
3. Staffing
4. Directing
5. Controlling
Budgeting is about Planning and Controlling
Planning and Budgeting
Planning and budgeting are essential for management control.
Effective planning and budgeting require looking at the organization as a system and understanding the relationship among its components.
Planning consists of developing the objectives, timetables, and performance standards needed to implement the organization's strategy and assigning individual accountability for results.
Budgeting involves identifying, prioritizing, acquiring, and allocating the resources needed to carry out the plan.
Basic principles of accounting
Revenue
Expense
Matching
Cost
Objectivity
Continuity assumption
Unit-of-measure assumption
Separate entity assumption
Cash v Accrual Accounting
Accrual accounting is the practice used by most businesses, and matches the revenue earned in a period, against the expenses incurred to generate that income in the period.
Revenue is recognised when the transaction takes place, rather than when the cash is collected.
Expenses are recognised when they are incurred, not when they are actually paid.
Clearer overall picture of the performance of the business
The notion of receiving or paying cash is not relevant in determining profit
Cash v Accrual Accounting
Cash accounting basis means:
Revenues are recorded when they are actually received
Expenses are recorded when cash is paid
Clearer picture of ‘cash flow’
Plan financial management approaches
1.1 Access budget/financial plans for the work team
1.2 Clarify budget/financial plans with relevant personnel within the organisation to ensure that documented outcomes are achievable, accurate and comprehensible
1.3 Negotiate any changes required to be made to budget/financial plans with relevant personnel within the organisation
10
Strategic Plan and Budget
A business needs to have both a strategic plan and a budget.
The strategic plan lays out the direction and goals of the business and guidelines for actions to achieve those goals
The budget looks at the money needed to support achieving those goals.
Budgeting is only one part of the strategic planning process.
Budget
A budget is a forecast of all income and expenses, and helps a business identify future financial needs and plans based on expected profit, expenses and cash flow.
If a business does ...
Audit Assignments for Chartered Accountants.pdfPaul Watson
In the world of finance and accounting, the role of a Chartered Accountant (CA) is paramount.
One of the core responsibilities of a CA is to conduct audits, ensuring the accuracy and
transparency of financial records. Audit assignments are a critical aspect of a Chartered
Accountant's career, requiring a keen eye for detail, meticulous analysis, and a thorough
understanding of financial regulations.
Performance Measurement in NGOs is a challenging task as they have both business and social obligations to meet. Traditional accounting measures may not suffice to capture and benchmark growth and other challenges of NGOs. In this paper, we enumerate some key performance measures that could be used by some practitioners.
The accuracy of accounting records is enhanced by the integrity of i.pdfamuthamcutpieceCente
The accuracy of accounting records is enhanced by the integrity of internal controls. Comment
on this statement and provide justification for it. Include illustrations of how this does or does
not apply
Solution
Internal control is the process designed to ensure reliable financial reporting,
effective and efficient operations, and compliance with applicable laws and regulations.
Safeguarding assets against theft and unauthorized use, acquisition, or disposal is also part of
internal control. Internal accounting control is a series of procedures designed to promote and
protect sound management practices, both general and financial. Following internal accounting
control procedures will significantly increase the likelihood that: o financial information is
reliable, so that managers and the board can depend on accurate information to make
programmatic an d other decisions o assets and records of the organization are not stolen,
misused, or accidentally destroyed o the organization s policies are followed o government
regulations are met. Developing an Internal Accounting Control System The first step in
developing an effective internal accounting control system is to identify those areas where
abuses or errors are likely to occur. Many accountants can provide you with a checklist of areas
and questions to consider when you are planning your system. Price Waterhouse\'s booklet,
Effective Internal Accounting Control for Nonprofit Organizations: A Guide for Directors and
Management, includes the following areas and objectives in developing an effective internal
accounting control system: o Cash receipts To ensure that all cash intended for the organization
is received, promptly deposited, properly recorded, reconciled, and kept under adequate security.
o Cash disbursements To ensure that cash is disbursed only upon proper authorization of
management, for valid business purposes, and that all disbursements are properly recorded. o
Petty cash To ensure that petty cash and other working funds are disbursed only for proper
purposes, are adequately safeguarded, and properly recorded. o Payroll To ensure that payroll
disbursements are made only upon proper authorization to bona fide employees, that payroll
disbursements are properly recorded and that related legal requirements (such as payroll tax
deposits) are complied with. o Grants, gifts, and bequests To ensure that all grants, gifts, and
bequests are received and properly recorded, and that compliance with the terms of any related
restrictions is adequately monitored. o Fixed assets To ensure that fixed assets are acquired and
disposed of only upon proper authorization, are adequately safeguarded, and properly recorded.
Additional internal controls are also required to ensure proper recording of donated materials,
pledges and other revenues, accurate, timely financial reports and information returns, and
compliance with other government regulations. Achieving these objectives requires your
organizat.
7 Steps to Conducting a Financial Audit | The Enterprise WorldTEWMAGAZINE
Overview of the financial audit process: 1. Preparing for the Audit 2. Assessing Internal Controls 3. Gathering and Reviewing Financial Data 4. Testing Financial Transactions and Balances 5. Summarizing Findings and Preparing Audit Reports 6. Post-Audit Follow-Up 7. Wrapping up
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how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
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
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@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
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
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.
Falcon Invoice Discounting: Optimizing Returns with Minimal Risk
Youth3 financialsystems
1. Financial Systems
One in a series of briefs for civil society organizations, written from a funder’s perspective,
and intended to stimulate inquiry, rather than provide rigid instructions.
Budgeting Grant Proposal Writing Project Development Resource Mobilization
Tips for preparing a Tips for developing Tips for developing and Tips for mobilizing
budget with an emphasis and writing a proposal, implementing a project resources closer to
on its purpose, steps, and including critical elements and key questions to ask in home to strengthen
components. to facilitate project success. the process. organizational capacity
and deliver benefits to the
Financial Systems Monitoring & Evaluation Reporting to Funders community.
Tips for establishing an Tips for reviewing and Tips for maintaining
accountable and assessing progress and strengthening your
transparent financial towards objectives, relationship with funders
system to build financial identifying problems and following a grant award.
sustainability. strategies, and making
adjustments to plans.
PURPOSE OF FINANCIAL SYSTEMS
Financial systems help inform your organization’s organization to make sound decisions based on
planning and action plans. Financial systems cash flow and available resources
also help you track and manage the resources Monitoring funds, or comparing actual income
required to successfully complete your work. and expenses versus budgeted amounts, helps
These tips provide basic practices you will managers ensure that the necessary funds are in
need to build financial sustainability in your place to complete an activity
organization. Most governments require that registered, charitable
organizations create accounts that track income and
Demonstrating good stewardship of resources assists expenses
CSOs in efforts to be accountable to stakeholders Funders require reports that demonstrate that
and funders, and helps build confidence that your grants were used for intended purposes
organization is a good place for funders to invest. Establishing financial controls and clear accounting
Other reasons why developing financial systems are procedures help ensure that funds are used for
important include: intended purposes
Transparency, clear planning and realistic projections
Financial systems and capacity help the contributes to the credibility of the organization.
2. Tips for Strengthening Organizational Capacity
FINANCIAL CONTROLS AND MONITORING 2. Financial Planning: Financial planning converts
Financial controls and monitoring methods have a your organization’s objectives into a budget.
dual role in supporting internal needs and external The budget serves as a critical planning guide
requirements. There are five key aspects to financial for your staff and governing board. It is a public
controls and monitoring. These include: record for funders of how you intend to spend
the funds received. Financial planning allows
1. Accounting Records (or Accounts Receivable you to review your organization, examining
and Payable): Establish a process that records successes and challenges in the past. Planning
every financial transaction by maintaining paper also enables you to make projections and set
files, an electronic database, and copying all targets, informing strategies for future success.
records in a virtual library. Your organization
needs to be able to demonstrate what funds 3. Financial Monitoring and Reporting: Drawing
were received and how funds were spent. from the information in the accounting records,
your organization can create internal reports
Accounting records should be consistent. that help monitor progress by comparing
Choose a method and regular schedule for budgets to actual expenses. Frequent reviews
tracking income and expenses that works for and monitoring allows the governing board and
your organization. This is important in case the staff to measure your organization’s progress
organization is audited or if a funder requests and helps inform decisionmaking about the
information for a specific item or transaction. organization’s or a project’s future. Internal
reports, sometimes called management reports,
A system should also be developed to track allow you to be forward thinking as you assess
donations from individuals to keep donors the financial status of the organization and
updated of the organization’s progress or to what will be needed to realize your goals.
solicit annual and repeat contributions. A
separate accounting system should be developed Accounting records are also the source for creating
for funding from foundations with the original external financial reports that demonstrate to
proposal and budget, dates of receipt of funds, funders and other stakeholders how funds have
notes on allowable expenditures, and reporting been spent. Funders may require financial reports
requirements so that you can respond to funders’ at the completion of the project or periodically
requests for financial records or in case of audits. during the project’s implementation.
3. Tips for Strengthening Organizational Capacity
4. Governing Board: A governing board, whether organization’s resources. Governing boards
comprised by a board of directors or leadership should participate in approving budgets, financial
from the community, serves as stewards of an monitoring and reviews, and agree upon and
Examples of Internal Controls
Examples of how to ensure that funds are spent transparently and in a manner for which
they are intended:
Have two people, such as the director and board treasurer, approve and sign the expenses
over a certain amount of money
Keep records that can not be altered by numbering receipts, using a system where the
data entry corresponds with a specific invoice or contract
Assign qualified and experienced personnel to manage accounts
Assign different staff in your organization distinct responsibilities related to managing
income. For example, one person is responsible for authorizing expenses, another is
responsible for handling cash, and another is responsible for recording transactions
Develop a procedural manual for
record-keeping
Post your financial statements in a
public space so that all stakeholders
are aware of external funds that
may have been received in the
community’s name
Have an external accounting or
auditing firm conduct regular reviews
of financial monitoring and systems Curt Carnemark/The World Bank
4. Tips for Strengthening Organizational Capacity
ensure that internal controls are implemented. assist in your periodic reviews and planning sessions.
The board treasurer who has skills in accounting It also helps build confidence among stakeholders
should be the lead person in working with the that you have a long-term vision and plan for your
staff in ensuring financial accountability. organization’s operations.
5. Internal Controls: Controls are organizational Employing financial systems that help build checks
practices that help safeguard your assets and and balances, support your program planning abil-
ensure that money is being handled properly. ity, and increase your success with budgeting and
Controls help detect errors in accounting, pre- assessing progress in programming, can significantly
vent fraud or theft, and help support the people advance an organization’s capacity to begin thinking
responsible for handling your organization’s fi- about long-term plans and financial sustainability.
nances. See box for examples of internal con-
trols. FOR MORE INFORMATION
For information on strengthening financial manage-
ADDITIONAL TIPS ment systems of NGOs, see the website for Mango,
Just as organizations create a plan, you may wish Management Accounting for Non Governmental
to document your financial systems, your methods Organizations or www.mango.org.uk.
for financial management, and your plans for
sustainability. A written document can serve as an For a toolkit on Financial Control and Accountability,
important reference point for your organization and see CIVICUS’ website www.civicus.org.
The Social Development Civil Society Fund (CSF) is one of the few global programs of the
World Bank that provides direct grants to civil society organizations through the World Bank’s
Country Offices. CSF seeds and supports activities related to civic engagement that empower
and enable citizens to take initiatives to influence development outcomes.
www.worldbank.org/civilsocietyfund | Social Development Department | The World Bank
Tips by Yumi Sera and Susan Beaudry, 2007