All registered NGOs are required to maintain a system for recording and submitting all types of financial transactions made by them for the purposes of implementing projects and running their organization. Since finances are a crucial part of organizational management, it is always a better idea to maintain a ‘Financial Policy’ for following procedures to keep the accounting system effective, transparent and easily manageable.  

Even donor agencies would be most happy to render immediate funding support to such NGOs which have systematic policies in place for effective financial management. In this module, the learners will learn about "Basics of Accounting and Financial Management" for NGOs