Monday 21 November 2011

The importance of financial management for the charity and NGO sector

Charities and NGOs demand a high level of professional financial management, more so now than ever before.
MANGO (Management Accounting for Non Governmental Organisations) state their mission as "To strengthen the financial management and accountability of Non Governmental Organisations (NGOs) and their partners." To offer easily accessible advice to such organisations, applicable to many other charitable organisations as well, MANGO produce a comprehensive guide on financial management available online or on CD. The guide, recently updated, covers areas such as financial sustainability and grant management. It also has a key section on accountability - very important in the voluntary sector - for both donors and beneficiaries.
The organisation works with such charities as Action Aid, Comic Relief and Save the Children, with their staff in the U.K. and overseas. Multiple copies are available to use as a group learning tool if required. See more at www.mango.org.uk

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