Advanced Financial Management, Grants Management & Auditing for Donor Funded Projects
Advanced Financial Management, Grants Management & Auditing for Donor Funded Projects Training course is designed to enable those involved with grant management to become efficient and effective in the acquisition and utilization of funds for development purposes, using appropriate techniques and application of accounting and finance principles. Some organizations do not consider financial management a priority for themselves. This makes them less attractive for Donor Funds and Grants. 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 Organizations managers should develop the understanding and confidence that are necessary to use funds effectively and to be compliant with the Donor Regulations.
Objectives
- 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.