Donor funding has fuelled a vast increase in service delivery, most especially in the public sector throughout the developing world. Yet, there is a dark side to this badly needed influx of funding: with pressure to spend funds quickly and achieve results, projects may not pay sufficeient attention to internal controls and monitoring systems to protect against embezzlement. Thus , the participants in this training will have an opportunity to review key principles and concepts of Financial Management as they related to donor-funded projects; the critical need for planning and appreciating Donor accounting cycles among other things.
By the end of this course, participants will be able to:-
- Build project, donor and consolidated budgets using the activity-based budgeting technique.
- Prepare and use a simple cash flow forecast.
- Prepare and reconcile an anlyzed cashbook
- Prepare and use a simplee fnancial monitoring report
- Analyze financial statements and budget monitoring reports to assess performance
- Assess strenghs and weaknesses in their NGOs internal control systems
Accountants, financial Officers, Financial Controllers, Internal Auditors, Fund Managers, Financial Economic planners, Budgeting Officers, Financial Analysts and other professionals who make financial decisions in public/private sectors.