Mango Training Course Outline

Transcription

1 Mango Training Course Outline Course code: Course Title: Duration: For: ST1 [formerly FM2] Planning for financial sustainability 2 days Non-finance managers, finance managers and Board members of local NGOs; programme managers of INGOs. Purpose The purpose of this course is to build the confidence and skills of NGO managers to improve the financial sustainability of their, or partner, organisations by: assessing and managing critical financial risk and developing a financing strategy and associated policies. Target Audience This course is aimed at managers of small to medium-sized NGO and those responsible for strategic financial management, including Board members. It is also suitable for international NGO programme managers who advise local partners on how to plan for financial sustainability. Previous financial management experience or training is not a requirement for this course although it is advantageous to complete the Getting the basics right course first if you are completely new to financial management. We recommend that you read this course outline carefully to make sure the content is relevant and meets your learning requirements. If you have any questions please do contact us. P a g e 1 Mango 2014

2 Course Content The final balance of course content will be decided by those attending the course, according to their interests and training needs. The core components of the course include: What makes a financially sustainable NGO and how we measure it Financial risk analysis tools and techniques What a financing strategy looks like The problem with donor dependency and some alternative financing options How to finance central support ( core ) costs How to build and manage reserve funds Managing key stakeholder relationships Learning Outcomes At the end of the course, participants will be able to: Do: Carry out a financial risk assessment using selected analysis and mapping tools to identity critical threats facing their NGO Analyse an income schedule to identify the current and desired funding mix of their NGO Analyse financial statements using financial ratios to assess the donor dependency and reserves status of their NGO Carry out a resources audit to establish the potential for alternative financing options in their NGO Know: Describe the four key features of a financially sustainable NGO Describe the components of a financing strategy for an NGO Explain why it is important to have diversified income in an NGO Outline options for building up unrestricted reserve funds to create a safety net and support future development Outline options for financing and managing central support costs across the organisation P a g e 2 Mango 2014

3 Feel: Recognise that being highly donor dependent makes NGOs more vulnerable to external threats Appreciate the importance of managing key stakeholder relationships. Training Approach Mango s training approach is highly practical, participatory and often fun! We focus on real issues and help participants to use the techniques covered, rather than just discuss them. We work hard to de-mystify financial concepts to overcome the fear of finance. Mango training really does take the fear out of finance! We work with small groups to meet the needs of individual participants. We use a variety of learning methods to stimulate interest and meet differing learning styles of participants including illustrated presentations, group exercises and discussions, case studies and practical problem-solving activities. Courses are supported by extensive materials for participants to take away and apply after the course. We also offer a free follow-up service by or phone to all Mango trainees. How to Book This course is available as an open, in-house or group training event. Please visit our website to plan your training or contact the training team at training@mango.org.uk for more information. P a g e 3 Mango 2014

4 Planning for financial sustainability PROGRAMME GUIDE Day Module: Topics to be covered: Day 1 Introduction and overview Welcome and introductions Programme overview Personal and course objectives How to build a financially sustainable NGO Assessment tools Financial SWOT analysis Stakeholder analysis the Mendelow matrix Measuring financial sustainability ratio and trend analysis Mapping income Where do NGOs get their money from? The financing mix matrix Challenges of donor dependency Risk assessment Identifying and prioritising risks Summary of assessment tools Day 2 Introduction Programme for the day Review of day 1 What is a financing strategy? Income policy Alternative financing opportunities Charging for services The Resources Audit Setting a financing mix target Reserves policy What are reserves? Setting a reserves target How to generate reserves in the non-profit sector Designated funds P a g e 4 Mango 2014

5 Day Module: Topics to be covered: Other key policies Financing Central Support costs Ethical income policy Applying unrestricted funds Stakeholder action plan Summary and action planning Next steps for your financing strategy Certificates and close P a g e 5 Mango 2014