LEARN HOW TO PLAN, BUDGET, AND USE INNOVATIVE STRATEGIES TO ENSURE YOUR FINANCIAL SUSTAINABILITY.
This course is designed to provide adequate financial oversight and risk management for organisations and companies. It offers techniques to diversify income, options for cost recovery, and financing strategies. Practical exercises will help participants to understand how to calculate key financial ratios and use them to create a financial strategy document.
COURSE OUTCOMES
- Understand the critical elements of a successful grant proposal
- Navigate the complex pathways in the grant application process
- Practice and develop skills for presenting (defending their papers in a panel)
- Write winning grant/funding proposals
- Develop their research reports
- Assess your organisation’s financial sustainability and risk status
- Describe how to diversify income and become less dependent on external funding agencies
- Manage and outline options for cost recovery and financing central support costs
- Set targets for and identify options for building financial reserves
- Complete a communications plan to strengthen stakeholder relationships
- Practice using essential tools to create a financing strategy document with everyone in the organisation
WHAT YOU WILL LEARN
- Background to the Concept of Financial Sustainability
- Financial Analysis
- Risk assessment and mitigation process
- Alternative financing options
- Key financial policies
WHO THE COURSE IS FOR
- Senior managers (CEOs, Directors, Finance managers, Finance officers, Professionals
- Accountants, i.e CPAs, ACCAs etc.)
- Managers who are responsible for developing a financing strategy for their organisation
- Members of local boards (such as a Chairperson or Treasurer)