An online intensive professional development training course on
Financial Management
for Donor-Funded Projects
Enhancing the Accountability, Credibility and Transparency of Your Donor Funded Projects
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19 -
23 Aug 2024
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$ 3,950
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16 -
20 Dec 2024
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$ 3,950
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Also Available in
Classroom - In-Person Course
Brochure
Why Choose this Online Training Course?
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.
This AZTech online training course will feature:
- 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
What are the Goals?
By the end of this AZTech online training course, participants will be able to:
- 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
Who is this Online Training Course for?
This AZTech online 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
How will this Online Training Course be Presented?
This AZTech online 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.
The Course Content
Day One: Introduction to Donor-Funded Financial Management
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- 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
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- 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
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- 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
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- 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
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- 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
The Course Schedule
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10:30 - 11:00 |
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Welcome, Setup, Registration (Day 1 Only) |
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11:00 – 12:30 |
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First Session |
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12:30 – 12:45 |
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Break (15 minutes) |
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12:45 – 14:15 |
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Second Session |
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14:15 – 14:30 |
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Break (15 minutes) |
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14:30 – 16:00 |
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Third Session |
The Certificate
- An AZTech e-Certificate will be provided to delegates who attend and complete the online training course
