Full project title:
Introducing Procedures to Provide Sustainable Organizational Growth
Duration:
June 1, 2020 – February 28, 2021
Total value: £16,925
Funds provided for Association BIOM activities:
BirdLife International – Pembroke Street, Cambridge, CB2 3QZ, UK – £10,000
Own co-financing amount – £6,925
Project lead:
Association BIOM
Partners: –
Project goals
The objective of the project is to improve financial management to optimize the performance and support sustainable organisational growth.
Project summary
Biom has been growing very fast and there is a serious need for sound financial management, including all relevant financial procedures.
Biom’s priorities related to organisational finances are the following (source: QAS 2015):
- No formal written and appropriate financial procedures
In this project we would like to focus on setting up the supporting structures for our organisational growth. This is in line with Biom’s Strengthening Plan that also recognizes the need for creating formal written financial procedures.
The objective of the project is to improve financial management to optimize performance and support sustainable organisational growth.
The expected outcome would be that Biom has improved financial resource management, which includes development and implementation of appropriate financial procedures.
There are 4 main activities and related results:
Activity 1: Gaps analysis for financial procedures
RESULT 1: Report on existing financial management with recommendations
Activity 2: Development of the financial procedures
RESULT 2: Draft financial procedures
Activity 3: Testing of the financial procedures
RESULT 3: Financial procedures tested with suggestions for improvement
Activity 4: Review and adoption of the formal written financial procedures
RESULT 4: Formal written financial procedures adopted
