INTRODUCTION

Financial management, budgeting and auditing of donor funded projects training course highlights the need for effective and efficient donor funded projects. This course will impart knowledge and skills to participants on the designing and implementation of donor funded projects using the relevant tools and techniques in accounting and finance principles.

The course is based on a participatory, active learning approach, with an emphasis on critical reflection and peer-to-peer learning. The course instructor will provide individualised feedback where appropriate. Participants will do the required readings, prepare interim and final assignments and participate in group discussions. 

Participants who successfully complete the course will receive Certificate of Participation.

OBJECTIVES

By the end of the course, the participant should be able to;

·      Critically understand the principles and procedures of accounting in financial statement preparation

·      Properly analyze and interpret financial statements information

·      Well understand the effectiveness in donor funds use and legal provisions guiding procurement function

·      Design and implement donor funds budgets

·      Identify projects requiring donor funding

·      Generate project proposals

·      Undertake monitoring and evaluation of donor funded projects

·      Comply with standards, legal and administrative framework

DURATION

 This course will take 2 weeks approximately

WHO SHOULD ATTEND?

This course targets financial directors, financial managers, procurement directors, administrators, procurement managers, Budget accountants, auditors, credit controllers and chief accountants

COURSE OUTLINE

·      Introduction to financial management of donor funds

·      Donor funds objectives

·      Procedures of donor funds disbursements

·      Planning of revenue and management of cash

·      Costing and strategies of cost reduction

·      Management of supplies and procurement

·      Prepare and interpret financial statements and donor funds reports

·      Budgets and budgets control

·      Donor funds planning and budget controls

·      International aid offers evaluation

·      Plan, budget, implement and manage donor funds

·      Role of donor funds management

·      Detection and prevention of fraud

·      Donor assets management

·      Management of investments

·      Control frameworks and monitoring of risks

·      Regular independent audits and financial reporting

·      Financial and information systems

·      Compliance monitoring and quality assurance

·      Independent project and programs evaluation

·      Governance and Anti-Corruption agenda

·      Disclosure and Information access

GENERAL NOTES

·      The instructor led trainings are delivered using a blended learning approach and comprises of presentations, guided sessions of practical exercise, web-based tutorials and group work. Our facilitators are seasoned industry experts with years of experience, working as professional and trainers in these fields.

·      The participants should be reasonably proficient in English as all facilitation and course materials will be offered in English.

·      Upon successful completion of this training, participants will be issued with a certificate.

·      The training will be held at Kincaid Training Centre. The course fee covers the course tuition, training materials, two break refreshments and lunch.

·      All participants will additionally cater for their, travel expenses, visa application, insurance, and other personal expenses.

·      Accommodation and airport pickup are arranged upon request. For reservations contact the Training coordinator at Email: training@kincaiddevelopmentcenter.org or Tel: +254 724592901

·      This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our Kincaid Training Centre or at a convenient location.

For further inquiries, please contact us on Tel: +254 724592901 or send mail to training@kincaiddevelopmentcenter.org

Payments are due upon registration. Payment should be sent to our Bank account before commencement of training and proof of payment sent to training@kincaiddevelopmentcenter.org