NGO matters: Practical financial management for nonprofits

Cathy Masters, Paul Tyler (Autoren)

Buch | Softcover

76 Seiten

2018
Juta Legal and Academic Publishers (Verlag)
978-1-4851-2639-3 (ISBN)

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Nonprofits spend donor and public money in pursuit of their objects. They need strong and appropriate financial management practices and systems if they are to withstand the scrutiny that comes with this, and be credible and successful. In this guide, Cathy Masters and Paul Tyler, who have many years of experience providing guidance and training on accounting for nonprofits, explain the basic concepts and systems which are required for financial management. This practical manual gives founders, members, governing board members, volunteers, and staff of nonprofits the tools they need for effective financial management. It will empower them to understand, and take charge of, the numbers and to account fearlessly to their donors, stakeholders, beneficiaries and the public.

Introduction; What is an NGO or not-for-profit organisation?; What is special about a not-for-profit organisation?; What is financial management?; The role of the governing body; Who is responsible for financial management?; Getting organised – what are the basics?; Legal structure and registration; Independence of governing body members; Registration for income tax; Registration as an employer; Managing bank accounts; Separate bank accounts for each fund or funder?; Using cash – a risky business?; Financial recordkeeping – the process and the tools; The accounting process; The chart of accounts; The objectives of good financial record-keeping systems; Internal and external documents; Documentary evidence of payments; Financial planning; Budgets – organisational and project budgets; Activity-based budgeting; Cash flow forecasts; Financial sustainability; Financial monitoring; Why is it important to keep financial records and prepare reports?; Annual financial statements; Management accounts; Statement of financial position; Income and expenditure statement; The funding schedule/register; Restricted funds and funding contracts; Internal financial controls; Finance policies and procedures manual; Key principles for effective internal control; A final word.

Erscheinungsdatum	07.02.2018
Verlagsort	Kenwyn
Sprache	englisch
Maße	148 x 210 mm
Gewicht	500 g
Themenwelt	Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung
	Wirtschaft ► Betriebswirtschaft / Management ► Planung / Organisation
	Wirtschaft ► Betriebswirtschaft / Management ► Rechnungswesen / Bilanzen
ISBN-10	1-4851-2639-8 / 1485126398
ISBN-13	978-1-4851-2639-3 / 9781485126393
Zustand	Neuware