...continued (click here to know more) Further to developing different reports as part of the financial management, below are details on internal control measures and management information report: “14.3 Internal Control Measures In addition to setting up adequate internal control measures, … [Read more...] about Internal Control Measures and Management Information Report – NGO Financial Management Policy
How to maintain Fixed Assets Register – NGO Financial Management Policy
...continued (click here to know more) As part of the financial management policy, NGOs need to maintain a Fixed Assets Register and below is the process for it, which can be included in your policy manual: “15. Fixed Assets Register It is the responsibility of the Finance/Accounts manager to … [Read more...] about How to maintain Fixed Assets Register – NGO Financial Management Policy
Internal Control Measures – NGO Financial Management Policy
Types of Financial Report – NGO Financial Management Policy
Sample Fixed Assets Register – NGO Financial Management Policy
Sample Stock Book Register for NGOs – NGO Financial Management Policy
How to manage Accounts & Finances in NGOs – A Manual for developing NGO Financial Management Policy
According to the local laws and regulations of most countries, all registered NGOs are required to maintain a system for recording and submitting all types of financial transactions made by them for the purposes of implementing projects and running their organization. Since finances are a crucial … [Read more...] about How to manage Accounts & Finances in NGOs – A Manual for developing NGO Financial Management Policy
What goes into an NGO Financial Management Policy?
...continued (click here to know more) An NGO financial management policy is basically a manual that covers the accounting policies, systems and procedures of the organization. It is developed not only for governing the financial transactions of the organization so that its staff can follow the set … [Read more...] about What goes into an NGO Financial Management Policy?
Who develops and updates the Financial Management Policy in NGOs
...continued (click here to know more) Before embarking upon the process of presenting the financial management policy for NGOs, it is important to outline the roles and responsibilities of the staff involved in developing and updating the policy. Usually, the Board of Directors or the NGO Board … [Read more...] about Who develops and updates the Financial Management Policy in NGOs
Basis of Accounting and how to maintain Accounting Trail in an NGO Financial Management Policy
...continued (click here to know more) An important section of the NGO financial management policy is the ‘basis of accounting’ and maintaining the ‘accounting trail.’ Under here, you can define the basis on which the accounting will be started and the methods applied for maintaining accounts, … [Read more...] about Basis of Accounting and how to maintain Accounting Trail in an NGO Financial Management Policy
