TRAINING COURSE OVERVIEW
The primary challenge of Donor-Funded Projects lies in balancing social objectives with effective financial management aligned with donor requirements. Financial planning and management within Non-Governmental Organizations (NGOs) are essential to achieving overarching goals, including accountability to donors, ensuring future sustainability, preventing fraud and theft, making informed decisions, enhancing credibility, and bolstering fundraising efforts.
This Financial Management for Donor-Funded Projects training course is specifically crafted to enhance accountability, credibility, and transparency in periodic donor-funded NGO projects. It places significant emphasis on improving participants' proficiency in Financial Accounting and Project Finance, aiming to empower them with practical skills for effective management and reporting.
This 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
TRAINING COURSE OBJECTIVES
By the end of this 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
DESIGNED FOR
This 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
LEARNING METHODS
This 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.