Strategic Impact & Financial Management (CET167)

Synopsis

Strategic Impact & Financial Management is a one-day, application-focused course designed to equip professionals in the nonprofit and social impact sectors with essential skills to align financial planning with measurable outcomes. This course integrates impact measurement and financial management into a unified approach that supports strategic decision-making, resource optimisation, and organisational accountability.

Participants will explore how to use financial data and social impact metrics together to plan, communicate, and evaluate programmes more effectively. The course focuses on building financial acumen while fostering a performance-driven culture that prioritises transparency, efficiency, and mission alignment.

Who Should Attend

Executives, Managers, Directors, Executive Directors, Board of Trustees from the non-profit sectors. 

Topics

• Impact Measurement for Nonprofits
• Financial Management in Fundraising

Objectives

Upon completing the course, participants will:

1. Understand impact measurement fundamentals
2. Gain financial literacy for the social sector
3. Able to integrate budget planning skills with meeting impact goals
4. Grasp the concept of accountability and governance in meeting impact

Learning Outcomes

A. Knowledge and Understanding (Theory Component)

By the end of this course, participants should be able to:

• Learn how to define, track, and communicate key performance indicators (KPIs), outcomes, and impact metrics that matter to funders and stakeholders.
• Develop a strong understanding of budgeting, financial reporting, cost analysis, and resource allocation tailored to nonprofit realities.
• Learn how to align budgets with impact goals, assess programme sustainability, and make data-informed trade-offs and decisions.
• Understand the role of financial oversight, risk management, and transparent reporting in maintaining organisational credibility.

B. Key Skills (Practical Component)

By the end of this course, participants should be able to:

1. Develop a Theory of Change and Logic Model

• Ability to map programme activities to short-, medium-, and long-term outcomes.
• Visualise how resources and activities lead to desired impact.

2. Budget for Impact

• Translate programme plans into detailed budgets that align with strategic goals.
• Apply activity-based costing to identify true programme costs and assess cost-effectiveness.

3. Prepare Programme Cost Analysis

• Conduct basic cost-benefit or cost-per-outcome analyses to evaluate programme efficiency.
• Allocate costs to programmes accurately for donor reporting and internal decision-making.

4. Report impact to Stakeholders

• Prepare clear, concise reports that combine financial and impact data for donors, board members, and other stakeholders.
  

Schedule

Assessments

• Scenario-based MCQ & Short Answer Questions

Requirements

• Have experience working or volunteering in a nonprofit organisation or charity.
• Provide letter of employment or testimony of volunteering.

About the Trainer

Tan Wui-Hua

Tan Wui-Hua is an associate lecturer and former Chief Financial Officer with over 20 years of international executive experience. A recipient of the SUSS Excellence in Teaching Award, he currently teaches at SUSS, RMIT University, and the University of London. He holds a Master of Business in Professional Accounting and is a Fellow of the Institute of Public Accountants, Australia. He equips fundraisers with practical skills in impact measurement, financial literacy, and strategic accountability to strengthen donor confidence and organisational sustainability.

Course Fee

¹ Mid-Career Enhanced Subsidy: Singaporeans aged 40 and above may enjoy subsidies up to 90% of the course fees.
² Enhanced Training Support for SMEs: SME-sponsored employees (Singaporean Citizens and PRs) aged 21 and above may enjoy subsidies up to 90% of the course fees.

• Participants are required to achieve at least 75% attendance and pass any prescribed examinations/assessments or submit any course/project work (if any) under the course requirement.
• Participants are required to complete all surveys and feedbacks related to the course.
• The course fees are reviewed annually and may be revised. The University reserves the right to adjust the course fees without prior notice.
• Singapore University of Social Sciences reserves the right to amend and/or revise the above schedule without prior notice.
  
  

For the various payment modes, please refer here.

Course Withdrawal and Refund

Request for withdrawal from a course must be submitted to SUSS Academy formally in writing.

• Course Withdrawal before Application Close Date: No charges.
• Course Withdrawal after course confirmation: 50% of the full course fee with an administration fee imposed.
• Course Withdrawal after the course commences: Full course fee applies.

For clarification, please contact the SUSS Academy via the following:

Telephone: +65 6248 0263
Email: [email protected]