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.
Financial Management, Budgeting and Auditing of Donor Funded Projects training course is designed to enable those involved with grant management 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. This training course was also created to enhance the effectiveness and efficiency in the acquisition and utilization of donor funds for advancement purposes, using proper application and techniques of accounting and finance concepts.
OBJECTIVES
Financial Management, Budgeting and Auditing of Donor Funded Projects training course , you will be able to :
Accounting principles and procedures within the planning of financial statements
Preparation of Work Plan, budgets and cash flow management
Analyze and interpret information as discovered in financial statements.
Compliance with prerequisites, legal and administrative framework
Identifying various elements of donor funding.
Costing factors of Donor Funded Projects
Monitor and evaluate donor-funded projects.
Disbursement factors of Donor Funded Projects
Project management techniques
Outline and assess the convenience of the authorized provisions governing the procurement along with usage of donor funds.
Compliance Regulatory & Governance and Risk management
Prepare & effectively manage the arrangement of budgets for donor funds.
WHO SHOULD ATTEND ?
Financial Management, Budgeting and Auditing of Donor Funded Projects training course is ideal for :
Finance Directors, Finance Managers, Procurement Directors, Procurement managers, Procurement officers, Administrators, Project officers, Budget Accountants, Auditors, Chief Accountants, Credit Controllers Managers and Officers are responsible for the management and accounting for donor funds. Anyone who wishes to reinforce their knowledge in managing to account for donor funds.
COURSE OUTLINE
Day 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
Day 2
Financial Statements- (Understanding, Interpretation and Analysis)
Understanding Financial Statements
Income Statements
Balance Sheet Statements
Cash Flow Statements
Interpretation and Analysis of Financial Statements
Day 3
Costing of Donor Funded Projects
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Concepts & types of costs
Costing and cost reduction strategies
Marginal, Absorption and Activity Based Costing
Debt Management strategies & Techniques
Management of Accounting & Decision making
Day 4
Budgeting of Donor Funded Projects
Preparation of Work Plan
Types of budgets
Budgeting & Investment appraisal
Preparation of Budget reports
Auditing Internal Controls
Day 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)
Day 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
Day 7
World Bank Financed Projects
Types of Loans and Projects
Project Implementing Agencies
Project Preparation and Execution
Project Financing
Procurement of Goods and Services
Day 8
Project Management
Project cycle management
Project planning & scheduling
Critical path and network analysis
Project Monitoring & Evaluation and Reporting
Evaluation of international aid offers
Day 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
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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
Wrap-Up & closing
IN-HOUSE TRAINING
LPC Training is capable of conducting this training programme exclusively for your delegates. Please e-mail us on admin@lpcentre.com for further information and/or to receive a comprehensive proposal.
CONTACT
DOCUMENTATION
High-Quality material has been prepared by the LPC team for distribution to delegates. In addition, a special note pad to facilitate note-taking will be provided.
CERTIFICATES
Accredited Certificate of completion will be issued to those who attend & successfully complete the programme.
SCHEDULE
Our Course timings commence at 09:00 and conclude at 13:00.
REGISTRATION & PAYMENT
Please complete the registration form on the course page & return it to us indicating your preferred mode of payment. For Further Information, please get in touch with us.
CANCELLATION AND REFUND POLICY
Delegates have 14 days from the date of booking to cancel and receive a full refund or transfer to another date free of charge. If less than 14 days notice is given then we will be unable to refund or cancel the booking unless on medical grounds. For more details about the Cancellation and Refund policy, please visit www.lpcentre.com/terms-and-conditions/
TRAVEL AND TRANSPORT
We are committed to picking up and dropping off the participants from the airport to the hotel and back.
LONDON
Oxford Street Offices:
London - Oxford Street 25 N Row, London W1K 6DJ
+44 (0) 20 36 916 970
West London Office: 47 49 Park Royal Road London NW10 7LQ
+44 (0) 20 80 900 464
info@lpcentre.com
DUBAI Business Bay - Marasi Drive
Churchill Tower commercial 1, Office 107 +971 4 421 4616
KUALA LUMPUR
No. 03-06-05, UOA Business Park, Jalan Pengaturcara U1/51A, Section U1, Kawasan Perindustrian Temasaya, 40150 Shah Alam, Selangor +60 19-305 5694
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