Financial Management
Manage money well enough to make good decisions, protect resources and earn trust. This module is practical, not an accounting qualification: it covers what founders and leaders need to budget, forecast, control, report and oversee finances, and when to bring in a qualified accountant. How you raise income is covered separately in Module 11.
Part of Course 4 · Protect · US$29, or all five courses for US$109.
You create: Financial Management Pack
11 lessons and reviews · about 3.6 hours including exercises.
Every lesson has a short video, the written explanation with examples, a guided exercise that saves into your organisation pack, and a sheet in the Financial Management workbook.
Begin this module →Your lesson sequence
- 9.1Finance roles and the finance cycle
- 9.2The organisational budget
- 9.3Project budgets, cost allocation and full cost recovery
- 9.4Restricted and unrestricted funds
- 9.5Cash flow, forecasting and runway
- 9.6Financial controls, approvals and procurement
- 9.7Management accounts and budget versus actual
- 9.8Financial reporting: board, funders and statutory
- 9.9Audit, examination and financial governance
- 9.10Financial health and sustainability
- 9.11Your Financial Management Pack
Financial Management workbook
Module-09-Financial-Management.xlsx · included with the course. Sheets: Finance roles, Organisational budget, Project budget, Funds register, Cash flow forecast, Control map, Budget vs actual, Reporting calendar, Financial governance, Financial health.
Sheets named after a tool use that tool’s columns, so the workbook can be imported into the Impact Tools without retyping. The file is being prepared and will be available to course purchasers.
Tools for this module
Each tool is the live version of work you draft in this module. They are optional; the course and its Excel workbook are complete on their own.
- Donor Tracking — Track donors and sponsors, received gifts, relationship history, stewardship and accountable next actions. Lessons 9.8
- Strategy, KPIs & Annual Planning — Turn objectives into KPIs with targets and dated results, an annual plan with owners, dates and budget, and quarterly reviews that record decisions. Excel round-trip with the Module 13 workbook (Objectives, KPIs, Annual plan and Results sheets).