Financial Management In Fundraising
Financial Management in Fundraising
Course: MGT5139 Algonquin College
This course examines the principles and processes that constitute sound financial management in fundraising. It defines financial management and its goals and benefits, and examines the differences and similarities between nonprofit and for-profit organizations in terms of financial management.
Feb 17 to Mar 17 2005
The overall aim of this course is to examine the principles and processes that constitute sound financial management in fundraising. It defines financial management and its goals and benefits and examines the differences and similarities between nonprofit and for-profit organizations in terms of financial management.
The financial management of fundraising takes place in the context of financial planning and management for the whole organization and the development professional therefore needs to understand this process and how it relates to fundraising. This course therefore reviews some basic accounting terms that relate to assessing the organization’s net worth and its net income.
An important part of financial management is the management of cash flows within an organization so this course explores strategies for successful cash flow management.
A key part of the strategic planning process is the formation of a realistic budget, both for the organization as a whole and for the development department and the budgeting process is examined in detail.
Another important element that is discussed is the system of internal controls to be established for all transactions within the organization.The final stage in financial stewardship is reporting on the financial progress of the organization and its fundraising activities and the course provides details of financial reporting in terms of internal and external audiences, the legal requirements for reporting, and the presentation of financial statements.
The course also looks at, what for fundraisers in the organization is one of the most important reports that interest internal and external audience, the cost of fundraising.
This course will be overseen by Boyd McBride, National Director of SOS Children's Villages Canada, an International Childrens Charity . You can help child here in Canada and internationally with SOS Children's Villages Sponsor a child and Sponsor a Village Programs.
Course: MGT5139 Algonquin College
This course examines the principles and processes that constitute sound financial management in fundraising. It defines financial management and its goals and benefits, and examines the differences and similarities between nonprofit and for-profit organizations in terms of financial management.
Feb 17 to Mar 17 2005
The overall aim of this course is to examine the principles and processes that constitute sound financial management in fundraising. It defines financial management and its goals and benefits and examines the differences and similarities between nonprofit and for-profit organizations in terms of financial management.
The financial management of fundraising takes place in the context of financial planning and management for the whole organization and the development professional therefore needs to understand this process and how it relates to fundraising. This course therefore reviews some basic accounting terms that relate to assessing the organization’s net worth and its net income.
An important part of financial management is the management of cash flows within an organization so this course explores strategies for successful cash flow management.
A key part of the strategic planning process is the formation of a realistic budget, both for the organization as a whole and for the development department and the budgeting process is examined in detail.
Another important element that is discussed is the system of internal controls to be established for all transactions within the organization.The final stage in financial stewardship is reporting on the financial progress of the organization and its fundraising activities and the course provides details of financial reporting in terms of internal and external audiences, the legal requirements for reporting, and the presentation of financial statements.
The course also looks at, what for fundraisers in the organization is one of the most important reports that interest internal and external audience, the cost of fundraising.
This course will be overseen by Boyd McBride, National Director of SOS Children's Villages Canada, an International Childrens Charity . You can help child here in Canada and internationally with SOS Children's Villages Sponsor a child and Sponsor a Village Programs.
posted by Dan at 11:52 AM
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