Pendampingan Pengganggaran dan Pengawasan Keuangan pada UMKM dan NGO Binaan

Budgeting and oversight are essential for ensuring the sustainability and effectiveness of non-profit organizations (NGOs). This process includes thorough financial planning, strategic resource allocation, and careful monitoring to guarantee that funds are used to support the organization’s mission. In the budgeting process, the involvement of various stakeholders—such as the board of directors, executive directors, financial managers, and program heads—is crucial for creating a realistic budget that meets the organization’s needs. Additionally, effective budget oversight is vital for ensuring transparency, accountability, and efficiency, which are core values in NGO management. A practical approach to budgeting involves identifying strategic priorities, projecting revenues, and evaluating expenditures in relation to the organization’s programs and operations. Good budget oversight includes monitoring progress, analyzing the discrepancies between planned and actual results, and implementing corrective measures when necessary. With effective budget management, NGOs can enhance their credibility in the eyes of donors, ensure the smooth implementation of programs, and reduce financial risks that could impede the achievement of their goals. This study highlights the significance of a transparent and accountable budgeting and oversight system in promoting the sustainability and effectiveness of NGOs. In conclusion, an integrated and data-driven approach to budget preparation and monitoring strengthens financial governance and enhances the social impact of the programs implemented.

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Publication Details

Journal
Community Service Progress.
Published
2024-12-31
DOI
https://doi.org/10.70021/csp.v3i2.207
Citations
2
Primary Topic
SMEs Development and Digital Marketing
Type
article
Field-Weighted Citation Impact
3.42
Controls
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article

Pendampingan Pengganggaran dan Pengawasan Keuangan pada UMKM dan NGO Binaan

Ali Riza Fahlevi, Wiwin Aminah, Khairunnisa Khairunnisa, Fajra Arfista et al.
2 citations
Community Service Progress.
SMEs Development and Digital Marketing
3.42
article

Pendampingan Pengganggaran dan Pengawasan Keuangan pada UMKM dan NGO Binaan

Ali Riza Fahlevi, Wiwin Aminah, Khairunnisa Khairunnisa, Fajra Arfista, Anjelina Qodrio
article en
2 citations

Abstract

Budgeting and oversight are essential for ensuring the sustainability and effectiveness of non-profit organizations (NGOs). This process includes thorough financial planning, strategic resource allocation, and careful monitoring to guarantee that funds are used to support the organization’s mission. In the budgeting process, the involvement of various stakeholders—such as the board of directors, executive directors, financial managers, and program heads—is crucial for creating a realistic budget that meets the organization’s needs. Additionally, effective budget oversight is vital for ensuring transparency, accountability, and efficiency, which are core values in NGO management. A practical approach to budgeting involves identifying strategic priorities, projecting revenues, and evaluating expenditures in relation to the organization’s programs and operations. Good budget oversight includes monitoring progress, analyzing the discrepancies between planned and actual results, and implementing corrective measures when necessary. With effective budget management, NGOs can enhance their credibility in the eyes of donors, ensure the smooth implementation of programs, and reduce financial risks that could impede the achievement of their goals. This study highlights the significance of a transparent and accountable budgeting and oversight system in promoting the sustainability and effectiveness of NGOs. In conclusion, an integrated and data-driven approach to budget preparation and monitoring strengthens financial governance and enhances the social impact of the programs implemented.

Community Service Progress.Vol. 3(2)
Telkom University (ID)
Openalex Percentile: Top 6%
SMEs Development and Digital Marketing
3.42
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