As soon as you ask for and receive funding for your work, it is vital to set up sound financial management practices to ensure impactful spending and to build cost control mechanisms and elements of prevention. Funding is the lifeline to your organizational development and sound financial management is what prevents your lifeline from drowning.
How Dynamic Femmes in Pakistan implemented relevant procedures such as Financial Manual, Human Resources, and Procurement policies:
How the Women’s Health and Equal Rights Association Rwanda (WHERAR) improved its accounting to ensure better financial management:
As part of a due diligence process, Think Young Women in Gambia had to develop policies on whistle blowing, anti-fraud, bribery, and corruption, as well as enhance its existing financial policy.
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