Specially Designed for Non-Finance Development Professionals
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Introduction to the Course

NGOs and development organizations operate in dynamic environments that demand financial acumen from both finance and non-finance professionals. This two-day intensive workshop is designed to build essential financial management skills—equipping participants with practical tools for budgeting, financial monitoring, and risk management, all within the context of organizational mission and sustainability.

Methodology

The training adopts a hands-on, participatory approach:
– Interactive Lectures: Expert-led discussions on core financial concepts.
– Group Activities: Collaborative exercises in budgeting and risk analysis.
– Case Studies: Real-world NGO scenarios for practical application.
– Reflection and Q&A: Sessions to clarify key concepts and address participant queries

Course Contents

Day 1: Foundations of Financial Management

Introduction to Financial Management in NGOs
– Key financial terms and concepts
– Differences between nonprofit and for-profit finance

Budgeting and Financial Planning
– Components and principles of NGO budgets
– Steps in preparing a project budget
– Aligning budgets with organizational goals

Monitoring and Controls

– Financial Monitoring and Internal Controls
– Processes for tracking expenditure and income
– Internal control mechanisms
– Introduction to variance analysis

Practical Exercise
– Group activity: Building and analyzing a sample NGO budget

Day 2: Risk and Sustainability

Financial Risk Management
– Identifying and mitigating financial risks
– Fraud prevention strategies
– Managing exchange rate risk

Financial Sustainability
– Strategies for resource mobilization
– Diversified funding and cost recovery

Advanced Topics and Application
– Advanced Topics in NGO Finance
– Emerging trends: AI, impact investing, digital tools
– Group Exercise
– Designing a sustainable funding plan
– Recap and Reflection
– Key takeaways and next steps for participants

Who Should Attend?

This course is ideal for:
– Program Managers & Coordinators responsible for budgeting and financial reporting.
– NGO Senior Staff & Board Members seeking to improve financial oversight.
– Development Professionals interested in building financial management skills.
– Anyone involved in NGO operations aiming to enhance financial strategy for mission success.

Learning Outcomes

By the end of the training, participants will be able to:
– Understand the fundamentals of NGO financial management.
– Develop, monitor, and adjust budgets aligned with organizational goals.
– Apply internal controls and variance analysis to safeguard financial resources.
– Identify, assess, and mitigate financial risks including fraud and currency fluctuations.
– Design strategies for sustainable funding and resource mobilization.
– Utilize emerging trends and technologies to improve financial decision-making.

Registration Details

Registration Deadline: June 05, 2025

Training Days

Days:  16 June 2025 to 17 June 2025

Training Language

English with Khmer translation

Course Fee

USD   300

Group Discount

20% if 2 or more participants from same organization

For More Information

Email: registration@crsmconsulting.net

Tel/WhatsApp: +92 (321) 55 65 072 | +92 (316) 58 87 783

Website: www.crsmconsulting.net