The objective of this course is to provide participants with answers the following questions:

•What is ‘Fraud’?
•Why is it important to combat the risk of Fraud across the AA Federation?
•What obligations exist for AA to prevent, detect and report actual or potential incidents?
•What actions are AA staff members* expected to take in relation to actual or potential incidents?

Learning Type: Online

Target Audience: All Staff

Duration: Self paced

Cost: Free

Financial statements, including the Income Statement, the Cash Flow Statement, and the Balance Sheet, work as a dashboard of the financial performance of an organization. Knowing how these financial statements are created, and how they reflect the performance of the organization, helps non-financial professionals better understand how their own functional areas can affect the company's bottom line. These financial reports are also used by professionals in all areas for evaluating proposals, suppliers, competitors, markets, and the general condition of the industry they operate in.

This course aims to familiarize you with these three financial statements and how they reflect an organization's overall activities and performance. This course takes you through the various sections of these statements and explains how each is calculated. Finally, the course demonstrates how common business transactions affect an organization's financial condition with the help of an example.
Objectives:
  • calculate the gross profit, income from operations, and net income from given Income Statement data
  • calculate the value of different types of cash flows in a Cash Flow Statement
  • determine the value of Assets, Liabilities, and Shareholders' Equities in a Balance Sheet
  • recognize how common business transactions affect an organization's financial statements in an example
Learning Type:Online
Language:English
Duration:60 minutes

Professionals and functional managers in every department deal with budgets one way or another for providing targets and direction in their day-to-day decision making and control activities. The budget is a formal expression of the plans, goals, and objectives of an organization and familiarity with the essentials of the budget is expected at every level within that organization.


This course aims to provide a basic understanding of budgets and their importance in allocating resources and guiding the activities in an organization. It helps you identify the characteristics of an effective budget and the key phases of the budgetary planning process. The course then provides a few examples of different types of budgets and the approaches to budgeting. Finally, the course takes you through variance analysis and how to use a variance report as part of the budgetary control process.

Learning Type:Online
Language:English
Duration: 60 minutes
Cost: USD 2

Cash flow management involves monitoring, analyzing, and adjusting your business's cash flows to maintain a steady flow of cash available for your activities when needed. Sustaining working capital while managing the flow of cash is often a challenge with many businesses. Sale of goods and services results in cash coming in, while paying bills, taxes, dividends, and the repayment of loans result in cash going out.

This course provides some insights into managing cash flow in your area of operation. You are guided through the classification of cash flow into operating, investing, and financing activities. You are then introduced to the idea of the Total Business Float with help of a case-based example and how to recognize the implications of working capital on cash flow. Finally, some strategies for sound cash flow management are also presented.

Cost: USD 2

Learning Type: Online

Time: 1 hour

Finance and accounting are at the heart of every business. These functions deal with recording, summarizing, and analyzing financial information across all departments for decision making, directing, and controlling their resources and activities. Every activity or non-activity in an organization has financial implications and financial acumen is expected at every organizational level. Professionals and functional managers in every department and functional area should have a certain amount of comfort and familiarity with the basic accounting and financial concepts, processes and practices so that they can use it to better manage and control their activities and make decisions that support organization's larger goals.

This course aims at familiarizing non-financial professionals with basic accounting and financial concepts. You are introduced to key finance and accounting terms and concepts such as the accounting equation, accrual-based accounting, financial risks and returns, and basic accounting principles. This course also takes you through the steps in the accounting process and helps you recognize how business transactions affect various financial statements and the bottom-line of your business.

Time: 1 Hour

Learning Type: Online

Cost: USD 2

Financial Modeling for the Social Sector

October 25 - December 13, 2016

Social sector leaders must connect their impact work with the right business model to achieve sustainability. With finite resources and limited staffing, organizations that are more focused on immediate needs rather than long-term sustainability can find developing the right business plan challenging.

This course teaches nonprofit organizations, social entrepreneurs, corporate entrepreneurs and social change leaders how to use financial modeling and creative approaches to market-based funding to scale the impact of their work. This course will be valuable for organizations of all shapes and sizes, and particularly useful for those in the early stages of development.

What You'll Do:

  • Understand the distinction between an operational unit and a head office and the financial relationship between the two
  • Understand how to estimate the reach and size of your operational unit and identify what costs at scale means to your organization
  • Understand how to think about and calculate the funding requirements for building and maintaining a capacity that allows you to innovate, learn, and grow your organization

Requirements:

Approximately 4-5 hours per module watching videos, reading articles, participating in class discussion, and completing individual and/or team assignments. You will need a computer that allows you to watch the video lectures and provides the ability to upload all your assignments.

*To receive a Statement of Accomplishment, you will need to complete at least 3 out of the 5 assignments.

To register for this courses please click here

Course content

  • Basic concepts in grant management
  • Key challenges in grant management
  • The grant management life cycle
  • Grant management plan
  • Responsibilities and routines in grant management
  • The flow of donor funds
  • Assessing the terms and conditions in grant agreements
  • Grant agreements, and accounting and procurement systems
  • Complying with donor reporting requirements
  • Managing key relationships for successful grant management

For who:  Finance and non-finance staff of grant receiving organisations, administrators, sub-recipients, or persons involved in grants related activities and responsibilities within an organization or civil society organizations.
Duration: 5 days (Can be tailor made to fit needs) 
Request this course: Submit your request and we will get back to you.
Cost: Follows Training4Changes general cost modality
Training Type: F2F
Made by: Training4Change
Questions: Submit your question regarding this training and we will contact you

Course content

  • Appreciate the central role of financial management in achieving program/project objectives
  • Understand, operate and manage complex financial systems and procedures in a cost effective way
  • Understand current processes and challenges in financial management
  • Develop  and apply internal controls measures in to reduce financial risk
  • Apply the skills required to prepare, interpret and read audited financial statements

Identify options for improving the financial management capacity of Development Organisations

For who:  Senior Managers and Support Staffs with skills to manage financial systems and procedures in their programme activities
Duration: 5 days (Can be tailor made to fit needs) 
Request this course: Submit your request and we will get back to you.
Cost: Follows Training4Changes general cost modality
Training Type: F2F
Made by: Training4Change
Questions: Submit your question regarding this training and we will contact you