An intensive professional development training course on
Financial Management
for Donor-Funded Projects
Enhancing the Accountability, Credibility and Transparency of Your Donor Funded Projects
Why Choose this Training Course?
The primary challenge of donor-funded projects is to align social objectives with effective financial management, adhering to donor requirements. Financial planning and management in NGOs must focus on achieving overall goals and objectives, including accountability to donors, securing future funding, preventing fraud and theft, making informed decisions, enhancing credibility, and boosting fundraising efforts.
This practical training course on Financial Management for Donor-Funded Projects is designed to enhance accountability, credibility, and transparency in periodic donor-funded NGO projects. It places a strong emphasis on improving participants' skills in financial accounting and project finance.
This AZTech training course will feature:
- Fundamentals of Donor Funded Projects
- Financial Statements Analysis
- Work Plan, budgets, and cash flow Statements
- Regulatory & Governance and Risk management requirements of Donor Funded Projects
- Costing factors of Donor Funded Projects
- Monitor and evaluate donor-funded projects
What are the Goals?
By the end of this AZTech training course, participants will be able to:
- Implement institutional and oversight arrangements for proper performance management and accountability
- Properly manage people, processes, and systems in line with the donor-funded programs
- Efficiently perform internal controls, including but not limited to finance, governance, and compliance requirements
- Mitigate operational fiduciary and financial risks
- Effectively and efficiently use the funding provided for the intended purposes
- Communicate periodic, accurate financial reports
Who is this Training Course for?
This AZTech training course is suitable to a wide range of professionals but will greatly benefit:
- Board level members who wish to develop their understanding of Donor -funded projects
- Auditing Professionals working with NGO
- Corporate governance directors
- Internal auditors
- Corporate compliance officials
- Professionals seeking to develop their understanding of the NGO financial management
- Public sector finance and accounting personnel
How will this Training Course be Presented?
This AZTech training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes interactive case studies from the real world/delegates’ company, discussion and evaluation of the latest international tools & techniques and doing role plays.
The Course Content
Day One: Introduction to Donor-Funded Financial Management
- Definition of donor funds projects
- Introduction to Financial management of donor funds projects
- Objectives of donor funds
- Understanding Financial Statements for donor funds projects
- Interpretation and Analysis of Financial Statements
Day Two: Costing and Budgeting of Donor Funded Projects
- Costing in Donor Funded projects
- Marginal, Absorption and Activity Based Costing
- Management of Accounting & Decision making
- Types of budgets and work plan
- Investment appraisal and capital budgeting
- Key steps of Budget reporting and Internal Controls
Day Three: Donor Funds Management
- Defining the legal provision of a Donor
- General Withdrawals Arrangement
- Break-Even Analysis
- Managing Donor Funds reporting
- Procurement of Goods, Works and Services
- Accounts and Audit
Day Four: Project Management
- Defining the donor funded project cycle management
- Planning & scheduling
- Project Monitoring & Evaluation and Reporting
- Evaluation of international aid programs
- Critical path and network analysis
Day Five: Risk Management, Governance and Regulatory Disclosures
- Regulatory compliance requirements
- Financial reporting and independent audits
- Understanding accountability, Probity & Transparency for Donor Funded Projects
- Governance and anti-corruption
- Fraud prevention and detection
- Internal control policies & procedures
- Risk monitoring and control and control frameworks
The Certificate
- AZTech Certificate of Completion for delegates who attend and complete the training course
DO YOU WANT TOLEARN MORE ABOUT THIS COURSE?
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