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Financial Management
Prudent financial management is a vital activity in any organization. It is the process of planning, organizing, controlling and monitoring financial resources with a view to achieving organizational goals and objectives. It is an ideal practice for controlling the financial activities of an organization. Sound financial management enables NGOs to be accountable to donors, promote good accounting, make wise financial decisions, enhance credibility and strengthen fundraising efforts. One of the important capacity development resources available under this section is a financial management toolkit developed specifically for this project. This toolkit provides critical guidance for all types of organizations.
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