}
Know How

Financial Management

Step 3: Material Collection

  • Work with leadership or finance person to get access to current financial documents, reports etc. and understand all practices, even if they are very basic.
  • It is important to understand their current way of handling finances, in order to build on that.
  • Collate and study all material, analyse the systems and processes and identify strengths and weaknesses.


This video from the University of Ghana will help you with reading income and expense statements, and identifying financial strengths and weaknesses: