course
Upcoming Course Run :
5 Feb 2026 – 6 Feb 2026
Register by 1 Feb 2026
Mode of training: Classroom
Primary Venue: Holiday Inn
Full Cost Recovery & Fund Accounting
Provide confidence to stakeholders through proper audit execution
About the Course
This course equips you to understand the true cost of delivering programmes and services. You learn how to calculate, allocate, and justify costs in line with charity regulations. You learn to structure fund accounting to meet donor expectations, audit requirements, and COC governance standards. You also learn to protect your organisation from fund misuse, deficits, and compliance breaches.
Course Highlights
Charities operate on restricted and unrestricted income. Boards are accountable for funds, reserves, and sustainability. This course helps you manage your organisation’s financial position with clarity and accuracy.
Key Learning outcomes
Participants will learn to:
- Apply Full Cost Recovery methods for programmes and services
- Identify direct, indirect, overhead, and shared costs
- Structure fund accounting aligned with Charities Accounting Standard
- Build Programme Costing Templates for grant applications
- Allocate staff time, logistics, and shared resources correctly
- Prevent deficits and misallocation across restricted funds
- Strengthen audit readiness, documentation, and internal controls
- Improve board reporting and GEC Pillar 1 and 2 compliance
- Present financial information to donors and funders
What You will Learn
Charities operate on restricted and unrestricted income. Boards are accountable for funds, reserves, and sustainability. This course helps you manage your organisation’s financial position with clarity and accuracy.
Understanding the Process of Developing a Dashboard
Understanding workflow, roles and responsibilities for Board and its subcommittees Developing in-house
Dashboard to monitor progress in the (i) Programme; (ii) Fund-raising; (iii) Financial indicators; (iv) Volunteers Management
The Facilitators
Isabel Sim
Dr Isabel Sim is the principal consultant at Integrative CSR Consulting. She was formerly Senior Research Fellow, Department of Social Work, Faculty of Arts and Social Sciences, National University of Singapore as well as Director (Projects), Centre for Social Development (Asia).
She obtained her PhD in finance from The University of Western Australia in 2011. She is one of the editor of the series Accounting and Finance Handbooks for Charities including Budgeting and Cash Flow Management, Fund Accounting for Charities, Full Cost Recovery for Charities and Cost-Effective Audit for Charities. She is also one of the author for Accounting for Good – Helping Charities Do Good Better, a project in collaboration with NUS and ISCA.
Who should attend
- Charity CEOs, EDs, and senior leadership
- Finance managers and accounts executives
- Programme heads writing budgets and proposals
- Board members overseeing financial governance
- Fundraising and partnership staff working with donors
- Grant-funded agencies under Tote Board, NCSS, AIC, MOH, MSF
Course Fees
Full Course Fees
before GST
Course Fees after CCF
before GST
Course Fees after CCTG
before GST