Financial Management, Budgeting and Auditing of Donor Funded Projects course

Introduction

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.

Duration

2 weeks

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:

• accounting principles and procedures in the preparation of financial statements
• Analyze and interpret information as contained in financial statements.

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

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

• Identifying projects for donor funding.

• Design project proposal formats.

• Monitor and evaluate donor funded projects.

• Compliance with standards, legal and administrative framework

Course content

•          Introduction
•          Financial management of donor funds
•          Objective of donor  funds
•          Disbursement procedures
•          Revenue planning and cash management
•          Costing and cost reduction strategies
•          Supplies and procurement management
•          Preparation and interpretation of financial statements and reports for donor funds
•          Budgeting and budgetary control
•          Planning for donor funds and budgetary control systems
•          Evaluation of international aid offers
•          Planning, Budgeting, implementation and management
•          The roles in the management of donor funds
•          Fraud prevention and detection
•          managing donor assets
•          Investment management
•          Intermediation services in the capital markets
•          Risk monitoring and control frameworks
•          Regular financial reporting and independent audits
•          Provision of financial and information systems
•          Quality assurance and compliance monitoring
•          Independent evaluation of projects and programs
•          Governance and Anti-Corruption (GAC) agenda
•          Disclosure and access to information