Financial Management, Budgeting and Auditing for Donor Funded Projects

 

Course overview

As financial resources of projects become constrained as a result of multiple demands by the various project objectives, the need for critical budget preparations and compilation has become very important. Budgets are prepared for many different purposes and the period of future forecasting varies, but most projects budget are prepared annually with the input from the various project activity areas to estimate their proposed expenditure for the period and for the appropriate subvention and allocation of funds earmarked for the projects.

With this in mind project finance and budget officers in various donor funded projects are challenged to exhibit high professionalism in the data mobilization for the preparation of the budgets, and to meet and comply with budget submission deadlines. Sub-vented institutions also needs to effectively utilize budget funds allocated in accordance with the initial proposal submitted. This calls for the implementation of a strategic finance and budgetary control effort by all section/department heads and managers towards the achievement of the budget objective. This 3 week course has been designed to sharpen the skills of officers who are directly or indirectly involved in finance and budget preparation of projects for their organization, to comply with their donor funding agency reporting requirements. Six Sigma course advisors are able to answer any questions you may have, and can supply additional information about our training programs

Who should attend the course?

This course is primarily designed for the following target group in mind

  • Principal Budget officers
  • Assistant budget officers
  • Budget Clerks
  • Finance Managers
  • Department or Sectional Heads
  • Accountants
  • Auditors

Course objectives

At the end of this course, Participants will be able:

  • To understand the principles of financial management for donor/grant funded projects.
  • To understand how financial management and budgeting are interrelated.
  • To grasp the core understanding of how budgets are compiled and monitored.
  • To be able to present a well-defined reporting system as a compliance measure.
  • Understand project finance & budgeting

The Learning Model

The trainer uses up-to-date training techniques and a variety of training methods, to give all participants the best opportunities for learning including:

  • Class Session
  • Group Discussions
  • Simulations exercises
  • Case studies and Problem Solving Exercises
  • Individual assignments
  • Templates and tools

Course Contents

  • Understanding Budgets in the Public Sector
  • Medium Term Expenditure Framework (MTEF)
  • Approaches to Budget Reform
  • Financial Management & Accounting & Control
  • Final Project
  • Aid and Public Expenditure
  • Public Expenditure Management (PEM)
  • Forecasting Models for Planning Purposes

2019
Course Calendar Dates

June 10 – 28

July 08 – 26

August 05 – 23

September 09 – 27

October 07 – 25

November 04 – 22

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Cost: $ 3 500

 

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