The HOPWA Institute: Core Principles of Financial Management
August 10, 2017
This presentation, as part of the HOPWA Institute (August 2017), focused on a key component of excellent HOPWA program management: good financial management. Financial management is not just for a CEO or CFO to worry about; good financial management involves staff from across an organization, including front line staff. The goals of this presentation were to communicate clear guidelines for sound financial management, increase understanding about direct and indirect costs, define common terms, and provoke critical thinking about the financial aspect of program management. Specific topics included basic cost principles, the idea of a "paper trail" that extends down to client files, grant-based accounting, financial and client file documentation, and documenting personnel time.
U.S. Department of Housing and Urban Development
Russell (Rusty) Bennett
Collaborative Solutions, Inc.
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