Advanced Financial Management, Grants and Auditing for Donor Funded Projects Training

Why is financial management so important for Institution? 

Most Institution do not consider financial management a priority for themselves. Therefore, it is often the case that many of them entirely lack systems of financial planning and monitoring, which has a very adverse impact on their viability. To achieve sustainable development in the tough actuality of today Institution managers should develop understanding and confidence that are necessary to use funds effectively.

The sharing of best practice in financial management will: 

• Help managers use resources efficiently and effectively;

• Improve Institution reporting to fiscal authorities and donors;

• Help earn partners and beneficiaries’ respect and trust;

• Help Institution better compete for resources that are becoming increasingly limited; 
• Help Institution attain financial sustainability in the longer term. 

Training Objectives

At the end of the course, participants will be able to:

• Identify and understand the critical terms and conditions of grant aid; for donor-funded projects
• Ensure compliance with donor terms and conditions;
• Providing supporting documents, correct procurement of goods and services and meeting financial reporting requirements;
• Managing multiple-funded programmes
• Provide tools for efficient Management of Donor- funded project
• Design and monitor donor budgets
• Prepare a donor financial report to match with a project narrative report;
• Describe the phases in the grant management cycle clarify key responsibilities and routines needed for successful grant management;
• Identify the requirements for closing off a donor grant;
• Manage the relationship with donors, head office and implementing partners with greater confidence;
• Appreciate that finance and programme staff must work closely for Successful grant management.