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.

At the end of the Advanced Financial Management, Grants Management & Auditing for Donor Funded Projects Training course, you will be able to:

• 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.

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

Day 1

Overview of Grants Management Cycle

• Developing proposal

• Budgeting
• Types of costs

Day 2

Grant Award Contract,

• Award Review,

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

Day 3

Grant Tracking Tools, 

• Costs eligibility, administration
•  Programme evaluation
• Grant Reporting,

Day 4

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 .

Day 5

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

Day 6

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

Day 7

Donor Policies and procedures

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

Day 8

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

Day 9

Knowledge of the Law in relation to accounts and audit

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

Day 10

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.

RECTUS attendance certificate will be issued to all attendees completing minimum of 80% of the total course duration