Accounting Systems Review

Help PACEMaker International with feedback and recommendations on their accounting practices to improve their financial recordkeeping, reporting, and planning.
PACEMaker International
Nairobi, Kenya
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PACEMaker International
Nairobi, Kenya

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Posted June 14th

Project details

What we need
  • Analysis of accounting needs and assessment of Organization’s current accounting practices
  • Recommendations for process improvements for enhanced reporting
  • Recommendations on appropriate bookkeeping system such as a spreadsheet or Quickbooks and related costs (if necessary)
  • Note: This does not include accounting systems set up or implementation
What we have in place
  • We currently have 1 staff member dedicated to accounting and finance, which should make it easy for you to get started. We also have an annual budget + audited accounts, and the ability to provide any other information you need.
How this will help
This project will save us $8,564 , allowing us to send more learning resources to schools and improve student performance

Stronger systems will help our organization scale our impact in education sustainably

Project plan

P
Prep: Distribution of Prep Materials
  • Proficiency with spreadsheet and/or software accounting
  • Understanding of any local regulations or laws that would affect Organization's accounting needs
1
Milestone 1: Analysis & Recommendations
  • Volunteer Manager communicates current accounting needs and practices to Professional
  • Volunteer Manager provides a chart of accounts or operating budget, and any financial statements currently being generated (e.g. statement of financial position, statement of activities, or statement of cash flows), outlining current operational constraints with existing system
  • Volunteer Manager conveys any budget and capacity considerations that might apply to ongoing bookkeeping management
  • Note: If necessary, Volunteer Manager should have Volunteer sign a Non Disclosure Agreement (NDA) prior to sharing and discussing Organization’s financial information.
2
Milestone 2: Final Deliverable
  • Professional provides revised list of recommendations, along with cost estimates and preferred vendors to use for implementation
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About the org

PACEMaker International
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Our mission

To create equitable learning opportunities for children from rural and slum areas.

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