Finance and Budget in Emergencies (2)

Save the Children is a global movement made up of national member organisations. Save the Children UK is the oldest and one of the biggest members.

The earner of this badge can successfully demonstrate the following:

• Define what we mean by ‘Financial Management’ and why it is important in the Humanitarian Sector. • Review some key financial management concepts and processes. • Recall the steps needed for writing a project budget as a team during an emergency. • Recognise what elements contribute to a successful budget. • Identify ways of minimising risk when managing funds in the field. • Recognise the benefits of following best practice when managing funds.