The main challenge of Donor-Funded Projects is to work towards social objectives while making sure finances and funds are managed effectively in accordance with the donor’s requirements. As such, the financial planning and management in Non-Government Organization (NGO) lies in achieving its overall goals and objectives namely: being accountable to the donors, securing future, eliminating fraud and theft, making productive decisions, enhancing credibility, and strengthening fundraising efforts.
This highly practical training is designed to promote accountability, credibility, and transparency of periodic donor - funded/ NGO projects with a great emphasis in improving delegates competency in Financial Accounting and Project Finance.
Este curso de formação da Coventry Academy inclui
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
Quais são os objectivos?
No final deste curso de formação da Coventry Academy, os participantes serão capazes de
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
A quem se destina este curso de formação?
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
Como é que esta ação de formação será apresentada?
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.
Descrição do curso
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
O certificado
Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course