Finance and Budget in Emergencies

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.