Basics of Financial Management

Financial Management involves planning, organizing, directing, controlling and monitoring the financial resources of an entity in order to achieve the overall financial objectives of the organization. It involves putting in place systems and procedures that adequately capture financial information and safeguard organizational resources from misuse and loss, it means applying...

Budgeting Tips for Non Profits

WHAT IS A BUDGET A budget is a plan that identifies the financial resources required to achieve specific objectives i.e. for an organization or a department. Once constructed, this plan assists staff and board in managing the organization both programmatically and financially throughout the year. It is a key management...

Calculating Cost of Capital: Practical Guide For Managers

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