Masterclass

Financial Management for NGOs

2-Day intensive training

Online 24 - 25 June 2026

Borana Resulaj
Rose Adem
Wilson Wambia

In collaboration with Rose Adem and Wilson Wambia

Practical skills. Stronger systems. Greater impact

What participants will explore

A highly interactive masterclass, combining:
Theory
Case studies
Group discussion
Practical exercises
READY-TO-USE tools and templates from day 1.

MODULE 1: Financial management & internal controls

Role of finance in NGOs
Designing effective financial systems
Internal controls and risk mitigation
Segregation of duties and accountability

MODULE 2: Master budgets

Linking budgets to strategy
Common pitfalls in NGO budgeting
Building a master budget step-by-step
Budget ownership across teams

MODULE 3: Foreign currency accounting treatment

Challenges of receiving funds in foreign currencies and the risks of exchange losses.
Learn how exchange differences should be recognized in accounting.
Understand how International Accounting Standard 21 treats foreign currency transactions.
Discover strategies for NGOs to manage and cover exchange losses.

MODULE 4: Financial reporting & analysis

Understanding financial statements (P&L, Balance Sheet, Cash Flow)
Translating financial data into insights
Reporting to donors vs internal reporting
Using financial data for decision-making

MODULE 5: Cost allocation policy

Why cost allocation matters
Allocating shared costs across projects
Designing a cost allocation methodology
Common challenges and solutions

MODULE 6: Accounting for Nonprofits (including INPAS Introduction)

Key differences between nonprofit and for-profit accounting
Overview of financial reporting frameworks
Introduction to INPAS and Practice Guide 1
Harmonisation of grant reporting

MODULE 7: Fraud Prevention & Ethics NGO Finance Hub

Common fraud risks in NGOs
Building a culture of integrity
Ethical responsibilities of finance professionals
Practical fraud prevention mechanisms

Who is this training for?

Borana Resulaj — Founder

Industry Partners

What Our Students Have to Say