Financial management training for nonprofits 101,leadership seminar singapore,leadership coaching fees - 2016 Feature

Institute for Capacity Development (ICD) is a non partisan independent Management training and development institution. The requisite skills and important for correct implementation of policy which will ultimately matter in the Social and Economic growth of Economies and the reduction of poverty and empowerment of people. Financial and management accounting are integral cogs of the business systems that both complementary and supplementary to each other.
The three basic financial statements namely the balance sheet, the profit and loss account or income statement and the statement of changes in the financial position. The financial statements prepared are based upon an equation or model which implies that all the organizations present their financial statements on the basis of a uniform structure meaning thereby that the financial accounting has a unified structure. The students are made aware that the financial statements are generally meant for the people who are outside the organization such as the creditors, government, shareholders, general public and so on.
So, enrolling yourself or your staff in the financial management courses at ICD will lead to significant gains and development of the managerial skills. Cotton & Company provides services in this specialized federal government arena, and our personnel are thoroughly familiar with auditing standards, federal accounting standards, cost accounting concepts and principles, and administrative requirements covering a wide variety of governmental assignments. Cotton & Company has successfully completed numerous federal financial statement audits since the passage of the CFO Act in 1990.
Cotton & Company assists organizations in assessing and delivering solutions to meet their financial management requirements. Cotton & Company has helped numerous federal agencies establish and maintain programs that meet and exceed the internal control requirements specified in OMB Circular A-123, Management’s Responsibility for Internal Control. Our training experts are well-versed in video production software, which we have used to develop reusable on-demand training for our clients.



Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. ICD was founded on the need to continuously capacitate the skills of decision makers in Government, Parastatals, NGOs, the Private sector, CBOs and all other development based institutions.
All ICD programs take cognizance of the dynamic nature of different fields and hence the need to come up with contemporary solutions to problems using current methodologies. The financial accounting and management accounting systems are very helpful in managing the business. As a part of the accounting system of the business enterprises, our students are made cognizant of the difference between the two and this is the foundation of the course.
The students are taught to make a balance sheet that presents the financial position of the organization at any point of time.
In order to maintain uniformity in the statements, financial accounting system adheres to a unified structure system. Since the accounting statements are used internally, it varies in structure from organization to organization, which further depends on the circumstances and requirements of individual use. The financial statements are solely prepared for the people who are outside the organization and have interests in the business operation of the organization.
The profit and loss account and balance sheet report the financial position of a company on a particular date and the results of operation of the organization during a specific period of time.
Our audit philosophy is based on integrity, objectivity, independence and strict adherence to all professional standards, regulations, laws and industry best practices. We have been providing a wide range of services and objective results helping organizations achieve their financial management goals.


We have a proven track record of implementing and executing effective, risk-based management control programs. Information Technology Skills and the Application of Computers are mainstreamed in almost all ICD programs. Students pursuing financial management courses are impartedin the various disciplines of account and financial management. The first difference is in the structure or format of the way the information is presented. The organization’s financial performance over a specified period of time usually one year is contained in the profit and loss statement.
For instance, the shareholders use the information contained in the financial statements, to make an informed decision regarding whether they should consider investing in the organization or not. The inflow and outflow of resources during a particular period of time are reported in the statement changes of the financial position.
How to collect, summarize, analyze and report in financial terms, the information about a business organization etc. Financial accounting as part of the financial management courses covers a single unified structure of presentation, which means that the information regarding the enterprise business system is presented more or less on a uniform basis.
The students are taught to make statement of changes which contains the inflow and outflow of financial resources of an organization during a period of time.




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