The contents of this article are taken from Mango’s (Management Accounting for NGOs, www.mango.org.uk) website and publication,"Financial Management Essentials – Handbook for NGOs. Mango is an award winning UK based charity with a mission to “strengthen the financial management accountability of Non … [Read more...] about Free Mango Guide: What NGOs Do
Free Mango Guide: Budgeting
The contents of this article are taken from Mango’s (Management Accounting for NGOs, www.mango.org.uk) website and publication,"Financial Management Essentials – Handbook for NGOs. Mango is an award winning UK based charity with a mission to “strengthen the financial management accountability of Non … [Read more...] about Free Mango Guide: Budgeting
NGO Management: How to assemble a Board of Trustees
Board members play a critical role in the development and success of non-profit organisations. Sometimes referred to as a Board of Trustees, these volunteers act as guardians for your organisation who protect and maintain the core values and purposes of the organisation. As a collective body, the … [Read more...] about NGO Management: How to assemble a Board of Trustees
Mango Guide to Receiving Funds
It can be useful to think about your relationship with donors from the donors' point of view. Donors usually make grants to organisations that they have confidence in. All your dealings with donors should aim to build up their confidence in your organisation, for instance by: • … [Read more...] about Mango Guide to Receiving Funds
10 Top Tips for Grant Management
1. Building Trust In all aspects of grant management, problems can be avoided with clear and regular communications with grants officers. Put everything in writing! 2. Observe project start and end dates for spending Don’t make payments or enter into commitments before the agreed contract start … [Read more...] about 10 Top Tips for Grant Management
The Great Debate: Non-Profits and Financial Reserves
Anyone who has worked on the financial side of a non profit organisation will be familiar with the debate around exactly how much money, if any, should be kept in reserve. Resources donated to your organisation were intended to support a cause not to sit in a bank account, yet nonprofits just like … [Read more...] about The Great Debate: Non-Profits and Financial Reserves
Free Mango Guide to Preparing and Implementing Budgets
Every NGO and every project needs to have a budget. A budget describes the money that an organisation plans to raise and spend for a set purpose over a given period of time. "Failing to plan is planning to fail." The budget plays an important role in every stage of NGO work: planning new work, … [Read more...] about Free Mango Guide to Preparing and Implementing Budgets
How to maintain stock register, develop financial reports and fixed assets management
Further to our previous guide on how to manage accounts and finances in NGOs, we are here providing detailed information on how NGOs can maintain procurement, stock and inventory management in their financial management policy. This guide also covers information about purchase procedures, stock … [Read more...] about How to maintain stock register, develop financial reports and fixed assets management
Procurement, Stock and Inventory Management in NGOs – NGO Financial Management Policy
...continued (click here to know more) As NGOs receive funding, implement projects and expand their offices, they will be required to make purchases of goods and services. Ideally, it is better to draw up a plan for making such purchases and also outline it in the financial management policy. “12. … [Read more...] about Procurement, Stock and Inventory Management in NGOs – NGO Financial Management Policy
Objectives and Procedures for Purchases in NGOs – NGO Financial Management Policy
...continued (click here to know more) Below is an outline of control objectives and general procedures for making purchases which can be integrated into the financial management policy of NGOs: “12.3 Control Objectives The control objectives here will be to ensure that: a) All purchases are … [Read more...] about Objectives and Procedures for Purchases in NGOs – NGO Financial Management Policy
