Advanced Financial Management, Grants Management and Auditing for Donor Funded Projects Course

Course Overview:

The Advanced Financial Management, Grants Management & Auditing for Donor- Funded Projects course enables the participants to learn how to manage and conduct audits for donor funded projects.

Such topics as grant understanding and compliance with donors’ obligations, accurate reporting, procurement and costs eligibility are in the package.

The outline of this course presentation supports the dynamics of multi donor funding management, budget preparation and development of internal control systems for enhanced financial and project management. 

It also includes issues such as stakeholders management, donor cycles, risk assessment and compliance with auditing standards and ethics.

This training course is aimed about finance and procurement officers, auditor and project managers and it enhances successful substrate and projects completion.

Course Objectives:

At the end of this Advanced Financial Management, Grants Management & Auditing for Donor Funded Projects Training Course, learners will be able to do:

• 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 program
• 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 and 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 program staff must work closely for Successful grant management.

Who Should Attend?

Advanced Financial Management, Grants Management & Auditing for Donor Funded Projects Training course is designed for :

• Finance Directors, Finance Managers, Procurement Directors, Procurement managers,
• Procurement officers, Administrators, Project officers,
• Budget Accountants, Auditors, Chief Accountants, Credit Controllers

Course Outlines:

Overview of Grants Management Cycle

• Developing proposal
• Budgeting
• Types of costs

Grant Award Contract

• Award Review
• Fundraising Tips, Implementation, Compliance
• Eligible and ineligible costs
• Cost Share/ Matching costs
• Procurement Procedures

Grant Tracking Tools

• Costs eligibility, administration
•  Program evaluation
• Grant Reporting

Financial Documentation and Reporting

• Documentation, Internal Controls; Audit, Narrative Reporting, Partnerships & consortia management, Donor Compliance,
• Personnel &Staff Issues (ethics): Contracts, Time sheets, Travel & Per diem: Itinerary, assigning,
• Assets & Inventory Management, Co-Financing.

Multi- Donor Funding, Indirect Costs & Contingencies, Close Out Procedures & the Final Tranche.

• Basic concepts in grant management
• Key challenges in grant management
• The grant management life cycle
• Grant management plan

Responsibilities and routines in grant management

• The flow of donor funds
• Assessing the terms and conditions in grant agreements
• Grant agreements, and accounting and procurement systems
• Complying with donor reporting requirements
• Managing key relationships for successful grant management
• community Development and Projects funding
• Funding requirements
• Project finance
• Capital Budgeting and Investment Appraisal

 Donor Policies and procedures

• Complying with Donor procedures
• Disbursement methods
• Banking: Loan Management/Payment
• Expenditure Budgets

Project Budgeting and Planning

• Project Financial Management
• Financial Risk Analysis Techniques
• Financial Performance Measurement
• Budgeting and Budgetary Control
• Internal Control and Control Mechanism
•  Integrated accounting & Financial Systems
• Accounting policies and systems
•  Auditing of financial statements
•  Management Control Framework
• Auditor’s duties and responsibilities

Knowledge of the Law in relation to accounts and audit

• Internal controls
• Risk assessment
• Code of professional Conduct and Ethics

Other Accounting Policies

• Debit and Credit Notes
• Payroll Recording and Reporting
• Reporting
• Fundamental Budgeting procedures.
• Financial Statements Issuance proceedings.
• Financial Analysis and contrasts to Budgets.

Preparation of Auditing Procedures

• Planning and publishing the audit schedule
•  Periodic reports
• Project Management reports
• Financial Reporting (Periodic Requirements) • The role of government in donor funded projects.

see more: Financial Management, Budgeting and Auditing of Donor Funded Projects Course