Capacity Building in Business and Finance
In Nigeria the National Association of Religious Treasurers and Bursars meets twice every year. At their last meeting they expressed the need for skills upgrading for many of their personnel who are handling finances in hospitals and schools.
The original professional studies of these religious Brothers and Sisters was not in business and finance, but in education, health care, religious studies or development. Many of these bursars felt unprepared for their new tasks. Having successfully managed various other programmes in the past, they felt a little help would go a long way in their new roles.
Sister Cornelia Udoka (right) had trained in business administration at the Dublin Institute of Technology and has had many years of experience in East and West Africa. She took the lead in organizing a two-week residential course at the St. Louis Retreat Centre in Ogun State.
Forty participants registered from nineteen different religious congregations.
The course covered basic book-keeping, double-entry system, accounting, bank reconciliation, final accounts, budgets, investments and general financial management, including day-to-day work. with the new skills acquired.
As well as acquiring new skills, the bursars learnt a lot from one another's experience. The networking among them ensures that they know where to turn if they feel the need of advice on an aspect of their onerous work.