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Overview
Introduction
This course aims to build the confidence and skills of program staff to use financial management tools to implement project activities in a cost effective, controlled and accountable way.
Duration
5 Days
Who Should Attend?
This course is designed for non-finance program managers and project officers of international NGOs who manage or directly implement projects. It is not suitable for finance staff. A background in finance is not required for this course.
Course Objectives
At the end of the course, participants will be able to:
- Create a fully-costed budget using the activity-based budgeting technique
- Build a phased project budget from a project activity plan
- Use a funding grid to manage multiple-donor funded projects
- Use budget monitoring reports to review and manage project progress
- Apply key policies and procedures needed to safeguard project cash and equipment
- Describe the four Building Blocks of Financial Management and the role they play in achieving good practice in financial management in program implementation
- Describe the key organizing tools of a financial system, including the Chart of Accounts and Cost Centers.
Course Content
Introductions, expectations and program overview
Getting Organized
- Four Building Blocks of Financial Management
- Who does what in financial management?
- Coding structures
Financial Planning
- The financial planning process
- Practical budgeting
- The challenge of multiple donor-funded projects
Financial Reporting and Monitoring
- Accounting essentials – where do the figures come from?
- Which reports do we need in program management?
- Overview of the annual financial statements
- Using budget comparison reports for program management
Internal Control
- Internal control in the field – what goes wrong?
- Key internal control policies and procedures
- The role of audit
Training Approach
This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.
Tailor-Made Course
This course can also be tailor-made to meet organization requirement. For further inquiries, please contact us on: Email: [email protected] Tel: +254 721 331 808
What you will learn
Learning Objectives
At the end of the course, participants will be able to:
- Create a fully-costed budget using the activity-based budgeting technique
- Build a phased project budget from a project activity plan
- Use a funding grid to manage multiple-donor funded projects
- Use budget monitoring reports to review and manage project progress
- Apply key policies and procedures needed to safeguard project cash and equipment
- Describe the four Building Blocks of Financial Management and the role they play in achieving good practice in financial management in program implementation
- Describe the key organizing tools of a financial system, including the Chart of Accounts and Cost Centers.