Arthabichar Nepal - Guide to Entrepreneurs, Startups, and Business Enthusiast

I was   bugged   down by the thought that how challenging is the Human Resource Management (HRM) on NGO setting. I thought of it for a while, talked to different people on the organization, and went through   different   google search. While doing so, I found one nice article written by Bernard C. Nwaiwu, CEO of the CEDE Trust Fund which has worded down all the thoughts I had. I couldn't agree more on the lines below (I have copied it below for your reference, you can go through the following link to read the full article) http://www.cedetf.org/uploads/publications/Legitimacy%20and%20human%20resources%20-%20Exermining%20some%20critically%20management%20challenges%20facing%20NGOs.pdf "Manpower planning is a major HRM challenge for NGO managers, who are saddled with the problem of staff recruitment and development. NGO recruitments are mostly project based. The implication of this is that project staff have a start date and a known end date, which makes it...

A) Financial inclusion The definition of financial inclusion (FI) varies from country to country depending on national objectives, but it is commonly understood as a way to provide financial services to those who do not have them. FI embraces three core elements: access, usage  and  quality of financial services. The GPFI has defined FI as “a state in which all  working age  adults have effective access to credit, savings, payments, and insurance from formal service providers.”3 Financial inclusion allows the unbanked and underbanked segments of society to join the formal financial system, which ultimately helps to alleviate poverty, promote job security, security and improve livelihoods and advance social empowerment. B) Financial stability The South African Reserve Bank has defined financial stability as the smooth operation of a system of financial intermediation between households, firms and the government through a range of financial institutions. FI an...

To date, comprehensive guidelines on accounting issues unique to Not for Profit Organizations have yet to be developed at the international level. Some pronouncements made by standards-setting bodies covering NPOs have been developed in the United States and China. In India, the Technical Guide on Accounting and Auditing on NPOs has been issued by the ICAI. However, many other countries are either practicing de-facto standards for NPOs or implementing the current pronouncements in their respective countries to NPOs which may or may not be totally apt for use in these types of organizations. Although all accounting applications are based on the same set of principles, integrating the specifications and particularities of the NPO community into the practice of accounting is vital to a uniform interpretation and analysis of financial reports across the sector.  (Source: Non-Profit Sector Accounting: Issues and Recommendations from Asia Pacific Societies, 2006) What about Nep...

In celebration of CFP Board's 25 years, CFP Board's Consumer Advocate, Eleanor Blayney, CFP® rolled out a series of 25 relevant and timely tips and strategies for the five key milestone phases in a person's life. Presented in a multimedia format, tips were released each month from August to December 2010. Stage 1 – The Starting Out Years Age range: 18-25 These are critical years, where your choices about education, employment, and debt management can have a major impact on your financial situation for decades to come. Stage 2 - The Nesting Years Age range: 25-40 During this phase, you face important decisions about marriage, children, buying a home, and building a career. Understanding the financial implications of these decisions is critical to lifetime success. Stage 3 – The Prime Time Years Age range: 40–55 This is usually the time you find yourself with more discretionary income. But there may be a lot of demands on that income. Advice is needed about...