Financial Management for Donor Funded Projects Course

Mon Feb 26 2024 at 09:00 am to Mon Nov 25 2024 at 04:00 pm UTC+03:00

Upskill Development Training Center | Nairobi

Upskill Development Institute
Publisher/HostUpskill Development Institute
Financial Management for Donor Funded Projects Course

Introduction

The effective use and deployment of donor funds for various projects demand careful utilization and timely reporting mechanisms to the funders. It is only when funds are effectively managed in accordance with the donor’s requirements will there be the motivation for reimbursement of financial resources.

This course is designed to enable those involved with projects to become efficient and effective in the acquisition and utilization of funds for development purposes using appropriate techniques and application of accounting and finance principles.

Not all donors have extensive regulations detailing how you must manage their funding. In the absence of specific donor requirements Its upon every funded organization to determine how best to implement their projects in a responsible manner to guarantee intended outcomes and overall Project success.

This advanced programme harmonizes accounting and financial management procedures in order to promote improved compliance with the financial reporting and control requirements of national governments as well as international finance institutions. Participants will acquire the competence needed for designing implementing and monitoring an integrated project finance management system that is appropriate for efficient and effective delivery of the project objectives.

 

Related courses – click the course title to view the course outline

o   Financial Management for NGOs using QuickBooks

o   Financial Management for Program Staff Course

o   Project Financial Management for Non-Financial Professionals Course

Duration

10 Days

Who should attend?

Finance Directors Finance Managers Procurement Directors Procurement managers Procurement officers Administrators Project officers Budget Accountants Auditors Chief Accountants Credit Controllers

Course Objective:

o   Accounting principles and procedures in the preparation of financial statements

Analyze and interpret information as contained in financial statements.

o   Outline and evaluate the effectiveness of the legal provisions governing the procurement and use of donor funds.

o   Prepare and effectively manage implementation of budgets for donor funds.

o   Identifying projects for donor funding.

o   Design project proposal formats.

o   Monitor and evaluate donor funded projects.

o   Compliance with standards legal and administrative framework

Course Content

Module 1 - Financial Management of Donors Fund - Overview

  • Introduction
  • Financial management of donor funds
  • Objectives of donor funds
  • Disbursement procedures of donor funds
  • Revenue planning and cash management

Module 2 - Financial Statements - (Understanding Interpretation and Analysis)

  • Understanding Financial Statements
  • Income Statements
  • Balance Sheet Statements
  • Cash Flow Statements
  • Interpretation and Analysis of Financial Statements

Module 3 - Costing of Donor Funded Projects

  • Concepts & types of costs
  • Costing and cost reduction strategies
  • Marginal Absorption and Activity Based Costing
  • Debt Management strategies & Techniques
  • Management of Accounting & Decision making

Module 4 - Budgeting of Donor Funded Projects

  • Preparation of Work Plan
  • Types of budgets
  • Budgeting & Investment appraisal
  • Preparation of Budget reports
  • Auditing – Internal Controls

Module 5 - Management of Donor Funded Projects

  • The Donor – Lending types of loan Co-financing
  • Legal Provision
  • Project Break-Even Analysis
  • General Withdrawals Arrangement
  • Withdrawal Arrangements for (SOES)

Module 6 - Disbursement of Donor Funded Projects

  • Statement of Expenditure(SOES)
  • Special Accounts (SAS)
  • Disbursement Reports and loan repayment
  • Procurement of Goods Works and Services
  • Accounts and Audit

Module 7 - Financed Projects

  • Types of Loans and Projects
  • Project Implementing Agencies
  • Project Preparation and Execution
  • Project Financing
  • Procurement of Goods and Services

Module 8 - Project Management

  • Project cycle management
  • Project planning & scheduling
  • Critical path and network analysis
  • Project Monitoring & Evaluation and Reporting
  • Evaluation of international aid offers

Module 9 - Compliance Regulatory & Governance

  • Understanding of compliance regulatory
  • Principles of governance according to international requirements
  • Accountability Probity & Transparency
  • Conflict time and stress
  • Governance and anti-corruption agenda

Module 10 - Risk Management

  • Risk monitoring and control and control frameworks
  • Regular financial reporting and independent audits
  • Internal control policies & procedures
  • Fraud prevention and detection
  • Best Practices in Project finance Management

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

Training Venue

The training will be held at our Upskill Training Centre. We also offer training for a group at requested location all over the world. The course fee covers the course tuition training materials two break refreshments and buffet lunch.

Visa application travel expenses airport transfers dinners accommodation insurance and other personal expenses are catered by the participant

Certification

Participants will be issued with Upskill certificate upon completion of this course.


LINK: https://upskilldevelopment.com/financial-management-for-donor-funded-projects-course

Event Venue

Upskill Development Training Center, Nairobi, Kenya

Tickets

USD 2400.00

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