FINANCE

Hello Proud Financiers!

Welcome to the F&L National Education Cycle that will provide you with all the education you need to understand your role and learn how to do F&L in your LC. Don’t forget to take the quiz at the end of each phase so that you can obtain your certification!

Let’s show everyone we are proud financiers!

PHASE 1

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Finance and Legal Role

Here you will find what a CFO does on a local level for an NGO and the Job Description of what you must be performing. 

 

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Finance and Legal Standards

Not sure what you must be delivering? Check out the 8 standards to understand how you can make smarter financial decisions for your LC. 

 

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Importance of our role

Check out this presentation to understand why our role matters and the impact that our decisions have to safeguard the organizations financial integrity. 

 

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Finance and Legal at Compendium

As LCVPs F&L you must be aware of the financial procedures stated on our national compendium. Check out the presentation to learn more about some key points every VP must know!

 
 
 
 

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Ready to quiz your skills?

Complete your PHASE 1 task to be one step closer to obtaining your Membership ID Card.

Task 1
-Please complete and answer correctly the following questions stated on the typeform.

 

PHASE 2

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Standard #1 Legalities

 The standard not only limits to legal registration, but also concerns about legal operations and compliance requirements. 

 

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Standard #2 Accounting

This standard will educate and guide you to conduct the accounting requirements inside your local entity effectively. 

 

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Standard #3 Budgeting

This standard provides guidance into doing budgeting and cash flow planning including the tools and framework for it.

 

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Standard #4 Reporting

This standard provides the minimums of transparency and accountability to the stakeholders.

 

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Standard #5 Analyzing

This standard is focused on giving the education and minimums entities can adopt to improve their analysis and better decision making based on data. 

 

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Standard #6 Investing

This standard is focused on giving the education and minimums entities can adopt to improve their analysis and better decision making based on data. 

 

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Standard #7 Auditing

Auditing standard provides the minimum requirements for an entity to conduct its internal and external audits to be transparent of their activities of the organization. 

 

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Standard #8 Risk Management

The standard provides education for risk management and tools and frameworks supporting risk management.

 
 
 

Ready to quiz your skills?

Complete your PHASE 2 task to be one step closer to obtaining your Membership ID Card.

Task 1
-Please complete and answer correctly the following questions stated on the typeform.

 

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PHASE 3

 

Finance Podio Space

This session is to understand the function of podio and the spaces.