In this publication, we examine aspects of financial management and related office operations systems. Financial management is concerned with accounting and budgeting, along with the related reporting and analysis that allow managers, donors, and oversight bodies to know about revenue obtained or generated, assets owned, and expenses incurred, and to compare that information to previous years or desired results.
As a manager of a health program, you can use information in this chapter to guide you in establishing internal controls for all financial management activities. Internal control mechanisms provide a basis for making sure that an organization’s precious resources are used in an appropriate manner and that they serve the organization’s mission, help maximize impact, ensure compliance with laws and donor regulations, and meet established standards for ethical conduct and sound operational practices.
This publication is Chapter 7 of Health Systems in Action: An eHandbook for Leaders and Managers.