- TypeTraining or Development Class
- Location Nairobi, Kenya
- Date 12-06-2023 - 16-06-2023
Education/Teaching/Training/Development
Business Development
Finance
Economics
Administration/Management
Accounting/Financial/Banking/Insurance
Introduction
This course aims to build the confidence and skills of program staff to use financial management tools to implement project activities in a cost effective, controlled and accountable way.
Duration
5 Days
Who Should Attend?
This course is designed for non-finance program managers and project officers of international NGOs who manage or directly implement projects. It is not suitable for finance staff. A background in finance is not required for this course.
Course Objectives
At the end of the course, participants will be able to:
Create a fully-costed budget using the activity-based budgeting technique
Build a phased project budget from a project activity plan
Use a funding grid to manage multiple-donor funded projects
Use budget monitoring reports to review and manage project progress
Apply key policies and procedures needed to safeguard project cash and equipment
Describe the four Building Blocks of Financial Management and the role they play in achieving good practice in financial management in program implementation
Describe the key organizing tools of a financial system, including the Chart of Accounts and Cost Centers.
Course Content
Introductions, expectations and program overview
Getting Organized
Four Building Blocks of Financial Management
Who does what in financial management?
Coding structures
Financial Planning
The financial planning process
Practical budgeting
The challenge of multiple donor-funded projects
Financial Reporting and Monitoring
Accounting essentials – where do the figures come from?
Which reports do we need in program management?
Overview of the annual financial statements
Using budget comparison reports for program management
Internal Control
Internal control in the field – what goes wrong?
Key internal control policies and procedures
The role of audit
Training Approach
This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.
Tailor-Made Course
This course can also be tailor-made to meet organization requirement. For further inquiries, please contact us on: Email: [email protected] Tel: +254 721 331 808
Training Venue
The training will be held at our Upskill Training Centre. We also offer training for a group at requested location all over the world. The course fee covers the course tuition, training materials, two break refreshments, and buffet lunch.
Visa application, travel expenses, airport transfers, dinners, accommodation, insurance, and other personal expenses are catered by the participant
Certification
Participants will be issued with Upskill certificate upon completion of this course.