Train All Departments on Financial Literacy and Compliance

Financial Literacy & Compliance Training Guideline Manual

Objective

Ensure all departments, including non-finance personnel, understand basic financial concepts and follow compliance protocols to support accurate, timely, and aligned financial operations.

Training Components

1. Quarterly Financial Literacy Workshops

• Action:
  Conduct structured workshops every quarter across departments.
• Target Audience:
  All team members, regardless of department or role.
• Purpose:
  Build foundational understanding of:
  • Budget categories and codes
  • Common financial terms and documents
  • The organization’s budgeting process
• Expected Outcome:
  Teams can confidently identify and apply appropriate budget lines and codes in operations and project planning.
• Delivery Method:
  • Live virtual sessions (recorded for later access)
  • Interactive quizzes or group activities
  • FAQ handouts following each session

2. Financial Reporting Obligations for Team Leads

• Action:
  Specialized training for team leads on financial accountability.
• Target Audience:
  Department and project leads.
• Purpose:
  Ensure team leads understand:
  • Their role in financial reporting
  • How to prepare and submit financial documents
  • Timeline and format expectations
• Expected Outcome:
  Accurate and timely financial inputs that feed into overall reporting and compliance checks.
• Delivery Method:
  • One-on-one onboarding for new leads
  • Department-specific training modules
  • Monthly reminders/check-ins for reporting deadlines

3. Financial SOPs for Non-Finance Staff

• Action:
  Develop and distribute clear, easy-to-follow Standard Operating Procedures (SOPs).
• Target Audience:
  Non-finance team members who handle budgets or make purchases.
• Purpose:
  Simplify financial processes and reduce compliance risks by:
  • Standardizing expense reporting
  • Clarifying approval workflows
  • Defining do’s and don’ts in spending
• Expected Outcome:
  High compliance with financial policies without overwhelming staff with technical details.
• Delivery Method:
  • PDF guides and quick-reference flowcharts
  • Onboarding walkthroughs
  • Embedded links in project tools/platforms

Implementation Schedule

Quarter	Focus Area	Responsible Team
Q1	Intro to Budgeting	Finance & Development
Q2	Financial Reporting & Documentation	Finance & Development
Q3	Financial Statements	Finance & Development
Q4	Final Report for all quaters	Finance & treasurers