Resources For Accountability and Financial Management in the Voluntary Sector

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Guide Sections

This document is intended as a preamble to the resource inventories which follow. It is not intended to be self-contained in any way or to provide full training on these topics. The guide is divided into the following overview modules:

Module 1 - The Changing Environment for Accountability and Financial Management

Voluntary sector organizations that actively include accountability and financial management planning in their day-to-day operations improve their capacity to meet their mission. This section reviews the external concerns that have recently led businesses and government to focus more on accountability. By the end of this section, you should be inspired to learn more about how to implement an accountability framework in your organization.

Module 2 - Methods to Enhance Accountability

This section looks at tools you can use to be accountable to various stakeholders. These tools include codes of ethics, improved governance, better program evaluations, and meaningful financial disclosure. By the end of this section, you should understand these tools, have an idea of which one(s) might work best for your organization, and begin to think about how you could blend them into your daily activities.

Module 3 - Financial Management

This section provides an overview of the basics of financial management, including a brief explanation of the different financial statements used in fund accounting. By the end of this section, you should be able to understand the financial statements presented in an annual report, know the difference between types of accounting systems, and be inspired to learn more about financial management.

Module 4 - Learning Opportunities

Module 4 lists learning opportunities for voluntary sector managers and board members. It describes the different training resources available to learn accounting and financial management related to voluntary sector organizations, and identifies different teaching and learning methods. By the end of this section, you should be aware of these learning opportunities, and how to locate them.

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