The organization of the training on financial management and procurement within NGOs

During 7-9 December 2016, the Small Grants Programme of the Global Environment Facility organized a training sessions on financial management and procurement within NGOs.

25 representatives of NGOs participating in this session were trained in:

• Organization of financial management according to the legislation of the Republic of Moldova;
• Accounting for inputs, maintenance and removals of tangible and intangible assets available in the patrimony. Documentation, calculation and accounting of depreciation of fixed assets;
• Accounting for the entry and use of available circulating assets;
• Documentation, accounting and management of dedicated funding: sponsorship, donations, grants, humanitarian aid, grants and other funds;
• Regulating work in NGO activities. Calculation and accounting of personnel settlements. Calculation and accounting of settlements with social and medical insurance bodies;
• Management and accounting for goods and services in the form of financial and material assistance;
• Expected budgeting aspects of financing NGO activities from projects and other activities;
• Financial reporting to NGO funders - principles, instructions, structure and presentation.

At the end of the sessions, the participants received a certificate of participation.

More photos during sessions can be seen below.

Image 1: The participants are eager to learn more about the financial management

Image 2: Photo-group within the training session