Financial Management, Budgeting and Auditing of Donor Funded Projects Training Course
Course Overview
| Course Title | Financial Management, Budgeting and Auditing of Donor Funded Projects Training Course |
| Organization | Tech For Development (T4D) |
| Venue | Tech For Development (T4D) Training Center along Tala Road, Runda, Nairobi |
| Duration | TBA days |
| Target Industries |
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| Target Job Roles |
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| Course Fees (Face-to-Face) | TBA |
| Course Fees (Virtual) | |
| Training Modes | Virtual and face-to-face training |
| Payment | Payment should be made to the Tech For Development (T4D) bank account on or before the start of the course |
| Accreditation | Tech For Development Certificate of Course Completion |
Course Overview:
This 5-day course offered at T4D is designed to equip participants with the essential skills and knowledge required for effective financial management, budgeting, and auditing of donor-funded projects. The course focuses on the unique challenges and requirements associated with managing funds from various donors, including compliance with donor guidelines, financial reporting, and accountability measures. Participants will engage in practical exercises, case studies, and discussions to develop competencies in managing donor-funded projects from inception to completion.
Course Duration:
5 Days
Target Audience:
- Project managers and coordinators
- Financial officers and accountants in NGOs
- Program managers and development professionals
- Auditors and compliance officers
- Stakeholders involved in donor relations and reporting
Personal Impact:
- Enhance your understanding of financial management principles specific to donor-funded projects.
- Develop skills in budgeting, financial reporting, and auditing practices.
- Gain insights into compliance and accountability requirements for successful project management.
Organizational Impact:
- Improve financial oversight and accountability in donor-funded initiatives.
- Strengthen relationships with donors through transparent financial practices.
- Ensure efficient use of resources and maximize project outcomes.
Course Objectives:
By the end of this course, participants will be able to:
- Understand the principles of financial management in the context of donor-funded projects.
- Develop comprehensive budgets that align with project goals and donor requirements.
- Implement effective financial controls and reporting mechanisms.
- Conduct audits and evaluations to ensure compliance with donor guidelines.
- Manage financial risks associated with donor-funded projects.
Course Modules
Course Outline:
Module 1: Introduction to Financial Management of Donor Funded Projects
- Overview of donor-funded projects and their financial implications
- Key principles of financial management specific to NGOs and development organizations
- Understanding donor expectations and compliance requirements
- Practical Exercise: Assessing the financial management framework of a donor-funded project
Module 2: Budgeting for Donor Funded Projects
- Developing project budgets: best practices and methodologies
- Types of budgets: operational, programmatic, and capital budgets
- Techniques for forecasting expenses and revenues
- Case Study: Creating a comprehensive budget for a donor-funded initiative
Module 3: Financial Reporting and Compliance
- Importance of financial reporting in donor-funded projects
- Key financial statements and reports required by donors
- Establishing a reporting timeline and ensuring timely submissions
- Practical Exercise: Preparing a financial report based on hypothetical project data
Module 4: Auditing Donor Funded Projects
- Overview of auditing principles and practices for donor-funded initiatives
- Types of audits: internal, external, and compliance audits
- Conducting audits and evaluating financial performance
- Case Study: Analyzing an audit report for a donor-funded project
Module 5: Risk Management and Financial Controls
- Identifying and assessing financial risks in donor-funded projects
- Implementing internal controls to mitigate risks
- Strategies for ensuring accountability and transparency
- Real-life Project: Developing a risk management plan for a donor-funded project
Course Administration
Methodology
Instructor-led sessions use a blended learning approach combining presentations, guided practical exercises, web-based tutorials, and group work, delivered by seasoned industry experts. All facilitation and course materials are in English, so participants should be reasonably proficient in the language.
Accreditation
Upon successful completion of this training, participants will be issued a Tech For Development Certificate of Course Completion certified by the National Industrial Training Authority (NITA).
Training Venue
The training will be held at the Tech For Development Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch. All participants will additionally cater to their travel expenses, visa application, insurance, and other personal expenses.
Accommodation & Airport Transfer
Arranged upon request.For reservations contact the Training Officer:
Email: [email protected]
Phone: (+254) 790 824 179
Tailor-Made
This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our T4D Training Centre or at a convenient location.
Payment
Payment should be transferred to the T4D account through a bank on or before the start of the course. Send proof of payment to [email protected].
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