The Resource Alliance -FINANCIAL MANAGEMENT IN NGOS – ARE YOU RESPONSIBLE?

The Resource Alliance (formerly known as The International Fund Raising Group): "FINANCIAL MANAGEMENT IN NGOS – ARE YOU RESPONSIBLE?

Financial Management in NGOs – Are You Responsible?

(The following article is a summary taken from Mango's Guide to Financial Management for NGOs: the full text is available at www.mango.org.uk/guide and Mango would welcome any feedback from users through their online survey at: www.mango.org.uk/survey.asp before 16th August 2006).

Money is the lifeblood of NGOs. They have to use it carefully to achieve their goals. However, the ability of an NGO to raise and manage funds is often undermined by weak financial management practices. There are three key messages to remember when faced with managing the financial resources of your NGO:"