Financial Management, Budgeting and Auditing of Donor Funded Projects
The Financial Management and Budgeting for Donor Projects Course is a comprehensive course that equips development and humanitarian staff working in organizational financial management to learn the key principles of sound financial management, managing financial resources more effectively and integrating good financial management systems for sound financial management. The course will enable the understanding of the key concepts of financial management as an essential skill. The course will also enable training participants to learn how to set up strong finance systems and procedures, create project budgets, keep basic accounts and prepare and read financial reports. This course will also allow training participants to gain knowledge, skills and techniques to apply best practices in financial management and budgeting in their organizations.
What Will I Learn?
- Principles of Sound Financial Management: Understand the fundamental principles for managing financial resources effectively in donor-funded projects.
- Setting Up Finance Systems: Learn how to establish robust financial systems and procedures to support organizational goals.
- Project Budgeting: Gain skills in creating accurate and comprehensive budgets for donor-funded projects.
- Basic Accounting Practices: Develop the ability to maintain basic accounts and ensure accurate financial record-keeping.
- Financial Reporting: Learn how to prepare and interpret financial reports to support transparency and decision-making.
- Best Practices in Financial Management: Acquire knowledge of industry best practices to enhance financial management in development and humanitarian organizations.
- Auditing Processes: Understand the principles and techniques of auditing donor-funded projects to ensure compliance and accountability.