DI009: DIPLOMA IN FINANCIAL MANAGEMENT
This is an interdisciplinary training course that places particular focus on financial management, related jargon, and knowledge in understanding financial management information and interpreting financial statements and ratios for decision making. The context of humanitarian organizations involves the management of an organization’s resources to achieve its goals and objectives. It involves setting objectives, analyzing the competitive environment, evaluating strategies, and ensuring that the management rolls out the strategies across the organization.
All funds available at the disposal of every humanitarian organization are from donors and when the donors give out money all they want is that it helps the less privileged have access to at least a dignified life. Disasters happen on a daily basis and humanitarian help can be accessed from various organizations, dependent on an organization’s reputation in the handling of past finances. The heart of any organization be it humanitarian or profit-making is how finances are managed.
At capacity Training institute we believe that careful budgeting of an organizations resources and operating expenses is essential in strategic financial planning. We equip our learners on how to write proposals for funding for previous projects that an organization may want to execute, how to execute the project in phases conducting evaluation exercises at every stage, and how to show to prove accountability for donor funds. We believe that in emerging economies where disasters and conflicts are very common, the issue of corruption and mismanagement of funds is very rampant and has led to the closure of many organizations.
The course also considers the remuneration of employees as well as taking care of their basic needs when working in environments that are not safe. At our institute, we believe that every employee in any organization has to have financial management skills to guide in the way that employees will handle resources and equipment at their discretion accord others a dignified life when disaster or conflict beckons.
Financial information and its interpretation are important aspects of our lives. All users of financial information, from students, financial advisors, investors, management, regulators, and parties interested in the progress of an enterprise are keen to know how it performs over time and its financial position at any given time. The course is structured to ensure that this is well understood.
At the same time, investment decisions are made in light of available financial information. Underneath all this information, it is crucial that one is able to make sense of presented information and in one way or another, analyze to understand if there is any important information that may have been left out either by omission or commission.
Course Level: Diploma Course
Cost: Amount €1000