Masterclass
Financial Management for NGOs
2-Day intensive training
Online 24 - 25 June 2026
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?
- Finance managers and officers in NGOs
- Programme managers involved in budgeting and reporting
- Directors and senior management of NGOs
- Small and medium-sized civil society organisations
- Organisations seeking to strengthen donor compliance
Industry Partners
What Our Students Have to Say
Alyssa Ng
I had the pleasure of meeting and connecting with Borana through our global humanitarian work.
Through her dedication and passion for our nonprofit work, I also learned about her professional work outside of volunteering together and was eager to take her class on Financial Management for NGOs and people interested in the nonprofit sector. And I'm so glad I did!
Borana covered a wide range of topics in her Financial Management course for NGOs. The content was comprehensive, easy to understand, and highly professional. I would recommend Borana to any nonprofit looking to enhance the capacity of its finance and non-finance team members, as well as ensure the organization remains financially healthy.
Borana can help any nonprofit streamline its financial management systems and work alongside your team to achieve that. She is incredibly knowledgeable, patient and really takes the time to explain financial concepts in an easy-to-grasp way to folks like me who may not work in this space often, yet desire to build the skillset for it.
I would highly recommend taking Borana's course offerings to learn about best practices to keep your organization financially healthy.
Adela Kula
It has been an absolute privilege to collaborate with Borana on numerous projects. Through these experiences, l've had the opportunity to see firsthand both her exceptional professional abilities and her admirable personal qualities.
In our joint endeavors, Borana's expertise in financial management has consistently stood out. I had the chance to participate in one of her courses focused on Financial Management for NGOs. The course content was thorough, clearly presented, and highly relevant, catering to both finance professionals and those less familiar with the field.
Borana has a unique talent for demystifying complex financial concepts, making them accessible and understandable to everyone. Her patience, depth of knowledge, and willingness to ensure clarity make her an outstanding educator and consultant.
For any nonprofit seeking to strengthen its financial management systems, I cannot recommend Borana highly enough. Her contributions are invaluable, and her approach to financial education will undoubtedly help any organization achieve financial stability and growth.
Musallam Abukhalil
At the Dignity for Palestinians (D4P) Campaign, we have successfully implemented numerous small initiatives and supported hundreds of displaced persons in Nusierat refugee camp, including chronic-illness patients, orphaned children and women. Throughout our operations, we've maintained a commitment to transparency. However, we recognized a need to strengthen our understanding of financial management tailored to non-profits. Fortunately, Borana Resulaj, an experienced finance manager with 10 years of experience in the non-profit sector, generously offered her knowledge. She conducted a robust and comprehensive two-day training course that enhanced our understanding of sound financial management of our nonprofit operation. We are dedicated to supporting our most vulnerable groups of war (women, children and elderly) and upholding accountability to all our donors, individuals, groups and small organizations. For organizations looking to strengthen their financial capabilities, I highly recommend reaching out to Borana. She can assist you in establishing a comprehensive financial system, ensuring timely and transparent management of every cent donated. Thank you, Borana, for freely sharing your expertise.