In this course, you will learn how to establish, implement, and maintain robust internal controls to safeguard financial integrity and accountability. You’ll explore preventive controls—such as approval procedures—that minimize the risk of errors. You’ll also delve into detective controls, including reviews, reconciliations, and audits, designed to uncover irregularities. In addition, the course covers corrective controls and how they can be applied to address and resolve discrepancies once identified.
You will also gain in-depth knowledge of external grant and fund management. The course explains how grants, agreements such as MOUs, and contracts help build transparent and accountable funding relationships. You’ll learn to manage both restricted and unrestricted funds, meet donor requirements, and navigate challenges such as shared costs, tight deadlines, and multiple funding sources. The course also provides clear guidance on revenue recognition, including how and when to record in-kind donations.
Furthermore, you’ll develop skills in managing fixed assets and inventory, from registration and depreciation to disposal. The course will guide you through the year-end financial closing process, focusing on reconciliations, accruals, and the preparation of financial statements. You’ll also gain insight into different types of audits, their importance, and how to respond effectively to audit findings. Lastly, you’ll discover how a well-organized filing system can support sound financial management practices.
This course is perfect for anyone looking to strengthen their financial management expertise. Why wait? Begin your learning journey today!
What You Will Learn In This Free Course
View All Learning Outcomes View Less All Alison courses are free to enrol, study, and complete. To successfully complete this Certificate course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment.
Once you have completed this Certificate course, you have the option to acquire an official Certificate, which is a great way to share your achievement with the world.
Your Alison certificate is:
- Ideal for sharing with potential employers.
- Great for your CV, professional social media profiles, and job applications.
- An indication of your commitment to continuously learn, upskill, and achieve high results.
- An incentive for you to continue empowering yourself through lifelong learning.
Alison offers 2 types of Certificate for completed Certificate courses:
Digital Certificate: a downloadable Certificate in PDF format immediately available to you when you complete your purchase. Physical Certificate: a physical version of your officially branded and security-marked Certificate All Certificate are available to purchase through the Alison Shop. For more information on purchasing Alison Certificate, please visit our FAQs. If you decide not to purchase your Alison Certificate, you can still demonstrate your achievement by sharing your Learner Record or Learner Achievement Verification, both of which are accessible from your Account Settings.