Financial Processes and Procedures for NGOs

This manual is designed to help deepen and broaden the existing knowledge of CSOs in financial management by:

• Imbibing a planning culture
• Ease of successful project accomplishment
• Setting standards, goals, and objective for sustainability
• Having accountability to donors as well as individual accountability
• Ensuring effective resource management
• Promoting integrity
• Building structure for effectiveness and efficiency to promote transparency
• Promoting record keeping culture

What Will You Learn?

• Define financial management
• Define financial accounting
• Differentiate between financial management and financial accounting
• Explain financial policy, processes, and procedures.