The global pandemic has seen a number of not for profits (NPOs) suffer sudden budget cuts. This has been exacerbated by the difficult times the world has experienced following the covid-19 pandemic alongside political, economic as well as social uncertainties. This has created to a dire need to relook at the NPO model and its funding base including the introduction of a host of austerity measures for prudent financial management and control of the limited funds in an NPO. Sustainability has become critical owing to the need to grow the NPO revenue streams including sourcing for newer, and innovative ones. There is therefore a need to look at the NPO in an integrated way, including the mission and strategy and aligning it with the culture, systems, structures, resources and stakeholders in a unified way. This includes a need to continuously consider the environment within which the NPO operates in.
It is on this backdrop that Strathmore University Business School (SBS), through its Executive Education department has designed an Executive-Level training on Finance for Non-Finance Managers in NPOs. The program is designed to equip you with the necessary leadership and management competencies geared towards ensuring the sustainability of your NPO. The program is a highly interactive one and entails real life case studies including shared experiences from leading professionals in the NPO world.
Upon completion of this course, participants will:
• Develop a firm understanding of the NPO ecosystem from an integrated and social value perspective.
• Respond to emergent issues affecting NPOs related to, but not limited to, governance, funding, financial and risk management.
• Improve stakeholder engagement in an NPO setting.
• Apply proven techniques in NPO decision-making.
• Effectively report and engage the NPO board when formulating policies and making decisions.
This programme prepares you to effectively lead and manage an NPO while improving the resilience and the sustainability of the NPO. The overall objective is to improve the performance of the NPO from a social, economic and governance perspective. The programme covers understanding the NPO operating and financial model to governance and stakeholder engagement.Your Content Goes Here
Key Focus Areas
The Non-Profit Coherence Ecosystem; Accounting and Financial Reporting in Not for Profits; Financial Management in NPOs; Fundraising and Revenue Management in NPOs; Budgeting and Project Costing in NPOs; Internal Control and Risk Management in NPOs; Fraud Risk Management in NPOs and Reporting to the Board: What to Look Out for.
Project/programme officers, grants personnel, accounting and finance professionals, internal auditors, monitoring and evaluation staff, NPO managers, board members.
Dr. David Mathuva – Academic Director
Dr. Freshia Mugo-Waweru
Mr. Geoffrey Injeni
Ms. Tabitha Njuguna
Finance Programmes Brochure Request Form