CIM

4-Month Course on
Financial Management
designed for staff of NGOs, Churches, etc.

Course Objectives

Biblical Understanding

To develop Biblical understanding of Stewardship relating to management of financial resources

Equipping Leaders

To equip leaders to manage financial resources effectively

Maintenance of Records

To equip to keep financial records systematically

Latest Updates

To update on the latest requirements relating to Financial laws (IT, FCRA, GST etc.)

Who is this course for?

  • Treasurers, Finance officers, Board members and others who take decisions/ analyse reports/ file returns based on Financial Information.
  • Priests, Institutional heads and others who have financial authority and/or responsibility
  • Accountants and other staff in the Finance Dept
  • Anyone who is interested in learning Finance Management from the Biblical Perspective of Stewardship.

Duration of the Course

4 Months – February to May 2024

Workshop & Live Webinars

The course will start with a physical workshop at Guwahati from 6 to 8 February 2024 Venue of workshop Don Bosco Institute Joypur, Kharghuli, Guwahati – 781004 There will be four live webinars (via Zoom) held during the remainder of the course period. Click here to see the full schedule.

Study Material

The self learning study materials are Bible oriented, would use conversational language and will have extensive case studies, exercises etc. to understand the subject in depth. Online live sessions would help the learner to  gain update information and interaction with faculty member to clarify doubts.

Course Requirements & Evaluation

Quizzes
  1. The Quizzes will be hosted on the Moodle Platform
  2. Quizzes during the workshop will also be hosted on the Moodle Platform.
    • These quizzes during the workshop will be open at a set time, and automatically closed at a set time, so that the students can do the quizzes together.
    • There will be two Quiz sessions during the workshop (on the 2nd and 3rd day respectively).
    • A Quiz session will include MCQs from the chapters covered during the previous day.
  3. There will be Six MCQs per chapter.
  Chapter Summaries
  • The learner must use his/her own words (approx. 400 words) to write down what he/she has learnt from the respective chapter.
  Application Oriented Questions
  • The learner must answer an Application Oriented Question given for each of the chapters, in approx. 250 words.
  Group Task
  • Learners will be divided into groups and assigned a task per group.
  • The tasks prepared by the groups need to be submitted and presented during the ‘Presentation Session’, which will be held on Zoom.
  Course Paper
  • The learner must submit a paper of approx. 2,500 words on ANY ONE of the given topics.
  • Along with the learnings gathered during the course, the learner is required to also research further on the topic and frame their final paper.
  • Proper reference citation is to be followed.
  Plagiarism is strictly prohibited. If a learner is found to have plagiarised any of their answers, he/she will disqualified from the course.

Course Curriculum

  • Biblical Concept of Stewardship
  • A Biblical Attitude to Money
  • Application of Stewardship Principles in Financial Management
  • Accountability in the Bible
  • Why do people reject Accountability
  • Structure of Accountability
  • Accountability of Culture
  • Financial Management
  • Functions of Managing Finance
  • Objectives of Financial Management in NPOs
  • Management of Funds
  • Accounting Concept
  • Transactions
  • Cash Book
  • Trial Balance
  • Financial Statements
  • Depreciation
  • Bank Reconciliation Statement
  • Fund Based Accounting
  • Accounting Standards
  •  
  • Introduction & Coverage
  • Registration
  • Renewal
  • Penalty
  • Applicability & Coverage
  • Exemptions
  • Conditional Exclusions
  • Business & Reporting
  • Tax Deduction at Source
  • What is GST?
  • Implication of GST on Charitable Activities
  • Services exempted from GST
  • Registration Under GST
  • Internal Control and Procedures
  • Areas of Internal Control
  • Meaning of Audit
  • Types of Auditing
  • Preparation for the Audit
  • Audit Report and Follow – up
  • Non-Financial Audit – Impact Assessment
  • What is Budget
  • Budgetary Control
  • Types of Budget
  • Performance Budgeting in Non – Profit Organisations
  • Management Information System (MIS)
  • Financial Information Systems
  • Analysis of Organisational Performance based on Financial Information
  • Ratio Analysis
  • Financial Reporting

Certification

CIM would award the certificate on successful completion of the course. 

Course Fee

The course fee is Rs. 7,080 (incl. GST) per candidate for the entire course.

Faculty

CA Manju George

(Chartered Accountant, Bangalore)

CA Abraham Zachariah

(Chartered Accountant, Chennai)

Dr Aby Alexandar

(Asst. Executive Director &
Director - Courses & Publications, CIM)

Registration Closed

    Application Form - Financial Management Management

    (February 2024)

    I understand that submitting this application does not guarantee a seat in the course. I have also read and understood the regulations prescribed in the Prospectus