About Course

Sound financial management is the lifeblood of a SACCO’s sustainability and growth. This course provides SACCO managers, treasurers, and finance staff with the skills to manage the organization’s finances prudently. It covers financial reporting, budgeting, liquidity management, and the unique accounting practices required for cooperatives, ensuring transparency and long-term viability.

What Will You Learn?

  • • Prepare and interpret key SACCO financial statements (Balance Sheet, Income Statement, Cash Flow).
  • • Develop and manage an operational budget.
  • • Manage SACCO liquidity to meet member demands.
  • • Understand and apply specific accounting treatments for member shares, loans, and dividends.
  • • Calculate and allocate dividends and interest rebates to members.

Course Content

SACCO Financial Management and Accounting
This course combines accounting theory with practical, number-based exercises. Delegates will work on preparing financial statements from sample trial balances, creating budgets, and performing liquidity calculations. The focus is on the application of accounting principles in a SACCO context.

  • Fundamentals of SACCO Accounting
  • Financial Reporting for SACCOs
  • Budgeting and Financial Planning
  • Liquidity and Asset-Liability Management
  • Member Equity and Profit Distribution

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