On Friday, 9 March, we spent the day speaking about the forbidden subject of financial management in our NPO’s. We were incredibly blessed to have excellent speakers with thorough knowledge of finance in the NPO sector. We were able to work together on creating books and experiencing the reality of creating financial reports. It was also an opportunity for NPO leaders to meet and discuss their common challenges in the field of financial management. They were able to glean useful information from auditors and guest speakers on how they can overcome their difficulties.
Our Guest speakers were a lovely collaboration between accountants, financial planners and auditors from various fields. Melissa Teixeira, is the accountant for Zoe-life, made accounting practices so simple to understand and easy to follow but gave some useful tips on reporting to funders. Tarryn Wright, is a partner at Moore Stephens an auditing firm and a volunteer on the SPCA board. She spoke into budgeting and the importance of it in the NPO sector. Terence Ronald is one of We are Durban’s volunteers and a financial planner and gave a few tips on financial planning. Lungelo Njoko, a trainee-audit clerk spoke into audit preparation. The trainees are the people who deal with the raw audit material and therefore are the most equipped to share the information on how to do it effectively.
We thank our great sponsors for their involvement in the event VUM, Duromed cc and Integrated Insurance. Their support allows us to provide a wonderful day to the NPO leaders who deserve to be spoiled and grow in the work that they do. Our NPO’s serve the less fortunate with such heart and passion and we need to serve them and equip them to be their best. Well done to everyone involved!