FMD Pro Flex: The Essentials of Financial Management - English

FMD Pro Flex: The Essentials of Financial Management - English

Purpose 

This online course gives you the knowledge and practical skills to ensure effective and proper use of financial resources during program implementation. 

During this course, you will learn the key principles of good financial management and how to:

  • integrate good financial management systems into operations management, and
  • manage and control financial resources more efficiently and effectively.

On successful completion of the course, you will be ready to take the exam for the globally recognized FMD Pro 1 certification for development professionals.

Note: the course fee does not include the FMD Pro exam certification fee, and the exam is not administered at the end of the course.

Target Audience 

This course is primarily aimed at staff in small to medium-sized NGOs who are involved in program implementation and/or the management and control of financial resources.

It is designed specifically for:

  • non-financial managers and officers who want to improve practice in financial planning, control and reporting, and
  • finance officers interested in developing their financial management skills and knowledge to improve finance systems and support for program staff.

Previous financial management experience or training is not a requirement for this course.

Key Takeaways 

By the end of the course, you will be able to:

  • Describe key tools and concepts which help an organization achieve good practice in financial management
  • Build and use effective budgets, including project and donor budgets and cash flow forecasts
  • Explain which accounting records we need to keep, and why
  • Describe the key processes and methods used to keep accounting records
  • Use financial reports to monitor project performance and identify actions to keep project finances on track
  • Explain how internal controls protect NGO assets and minimize the risk and impact of fraud and errors
  • Assess the strengths and weaknesses of your NGO’s financial management system.

Learning Approach

Our training puts the learner at the center, using practical and fun learning activities supported by easy-to-use materials. We share tools and techniques that can be immediately used in your work.

A Flex course allows you to learn essential content in your own time and at your own pace, within a specified timeframe: 

  • Learn through engaging videos, assignments, and structured reading
  • Interact and learn with other participants and a facilitator in a virtual and social learning environment
  • Earn points for various tasks completed, including watching videos, completing assignments, leaving comments and interacting with others
  • The more tasks you complete, the more points you’ll earn. And the quicker you earn these points, the sooner you’ll complete the course.

The coursework takes around four hours for each module, depending on your pace of learning, and previous experience.

 

Practice areas

Finance

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Dates and registration

Apr 03 - May 28, 2019 Online English Full info

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