Course Details

1. Explain the meaning of finance.
2. Identify various available financial resources.
3. Evaluate projects.
4. Describe different kinds of expenses that organizations may encounter.
5. Develop a cash flow plan and explain its usefulness.
6. Prepare final accounts which facilitate decision making.
7. Understand how budget influences the provided services.

·        The financial and social consequences of globalization.

·        The basic concepts of public financialpolicies.

·        The consequences of the global economiccrisis on the welfare state and the phenomena of lack of financial resources.

·        The basic mechanisms of production.

·        Resources of acquiringfinancial support for the organisation.

·        Securing new resources.

·        The  Project Team and its functions

·        Aspects  of Project  Management

·        Capital structure and financedecision processes

·        Leadership and Decision making process

·        Predictions and budgeting

·        Budget control and costanalysis

·        Budget effectiveness based onorganisational aims and objectives

·        Basic strategies and tools ofacquiring financial resources

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• Besley S. and Brigham, E. Essentials of Managerial Finance, South Western College Publishing, 2000.
• Brealey, R., Myers, S. and Alan Marcus, Fundamentals of Corporate Finance, McGraw Hill, 2004.
• Budgeting: A Guide for Small Nonprofit Organizations: http://www.vscpa.com/content/Visitors/Nonprofit_Resources/budgeting.aspx
• Nonprofit Guides: Grants Writing Tools (look at all links especially Budget link): http://www.npguides.org/guide/index.html
• Nonprofit Budgeting Process: http://www.nonprofitsassistancefund.org/clientuploads/MNAF/ArticlesPublications/BudgetingProcess.p
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