Cash Management

Cash Management Practice
In
Sustainable Land Use Forum (SLUF)

PROJECT PAPER

Submitted to:
The Department of Accounting
FACULTY OF BUSINESS AND ECONOMICS
UNITY UNIVERSITY COLLEGE
As
Partial Fulfillment of the Requirements for BA Degree in Accounting
Advisor/Instructor: Dr. G. Satyana Rayana (PHD)

Prepared By:

ZEWDIE MOLLA
(IDEA1/93)
ID No. 1480/94

May 2006

Table of Contents
Chapter I 2
1. An over view of Non Governmental Organization 2
1.1. In the world 2
1.1.1 Introduction 2
1.1.2 History 2
1.1.3 Evolutionary stages of development NGOs 3
1.1.4 Purposes of NGO 3
1.1.5 Methods NGO 4
1.1.6 Networking 4
1.1.7 Public Relations 4
1.1.8 Consulting 4
1.1.9 Project management 5
1.1.10 Management of non-governmental organizations 5
1.1.11 Staffing 5
1.1.12 Funding 5
1.1.13 Monitoring and Controlling NGOs 6
1.1.14 Legal status 7
1.1.15 Criticism 7
1.2 In Ethiopia 7
1.2.1 Country profile 7
1.2.2 The History of NGOs in Ethiopia 8
Chapter II 9
2. Literature Review of Cash and Cash Management 9
2.1. Definition 9
2.2. Reasons for Holding Cash 9
2.3. Cash Management 10
2.3.1. Managing scarce resources 10
2.3.2. Managing risk 10
2.3.3. Managing strategically 10
2.3.4. Managing by objectives 10
2.4. Internal Control 11
2.4.1. Guidelines to Achieve Strong Internal Control 11
2.4.2. Internal Control for Cash 14
2.4.3. Internal Control for Petty Cash 14
2.4.4. Internal Control for Cash Receipts 14
2.4.5. Internal Control for Cash Disbursements 14
2.4.6. Control of Cash through Bank Accounts 15
2.5. Cash Budget 15
2.5.1. Cash Collection Budget 16
2.5.2. Cash Disbursement Budget 16
2.5.3. Cash Balance Budget 16
2.6. Cash Flow Statement 16
2.7. Responsibility for Cash Management 17
Chapter III 19
3. Organizational Profile of SLUF 19
3.1. Establishment 19
3.2. Membership: 19
3.3. Organizational structure: 19
3.4. Vision, Mission and Goal 20
3.5. Major area of focus and achievement 21
3.5.1.

Bibliography: • Hall, Rodney Bruce and Biersteker, Thomas. The Emergence of Private Authority in Global Governance (Cambridge Studies in International Relations, 2003) • Hilhorst, Dorthea Roelofs, Joan. Foundations and Public Policy: The Mask of Pluralism (Albany: State University of New York Press, 2003). Ronald W.Hilton, Managerial Accounting, 4th ed., United States of America: Mc-Graw-Hill companies, inc., 1999 • Smillie, Ian, & Minear, Larry, editors. The Charity of Nations: Humanitarian Action in a Calculating World, Kumarian Press, 2004 Stanley B • Tarrow, Sydney. The New Transnational Activism, New York :Cambridge University Press, 2005 Thomas R • Ward, Thomas, editor. Development, Social Justice, and Civil Society: An Introduction to the Political Economy of NGOs, Paragon House, 2005 More useful are regional histories and analyses of the experience of NGOs • Meyer, Carrie. The Economics and Politics of NGOs in Latin America, Praeger Publishers, July 30, 1999 • Abdelrahman, Maha • Kamat, Sangeeta. Development hegemony: NGOs and The State in India, Delhi, New York; Oxford University Press, 2002 • Wikipedia, the free encyclopedia • Campbell, P. Management Development and Development Management for Voluntary Organisations, Occasional Paper No. 3, International Council of Voluntary Agencies, Geneva, 1987. • Intractable Conflict Knowledge Base Project of the Conflict Research Consortium at the University of Colorado • 'Sins of the secular missionaries, ' The Economist, January 29, 2000 • Ethiopia – Country Profile 1998, Jos van Beurden, GOM, 1998 ANNEX 6. Balance Sheet as of December 31, 2001. 7. Balance Sheet as of December 31, 2002. 8. Balance Sheet as of December 31, 2003. 9. Balance Sheet as of December 31, 2004. 10. Balance Sheet as of December 31, 2005. 11. Bank statement and Bank Reconciliation for the period ending December 31, 2005.