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Financial Management and Grant Management for NGOs Training

June 3 @ 8:00 am - June 14 @ 5:00 pm EAT

Financial Management and Grant Management for NGOs Course

Why is financial management so important for NGO?
Most NGO do not consider financial management a priority for themselves. 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 NGO managers should develop understanding and
confidence that are necessary to use funds effectively.
The sharing of best practice in financial management will:
 Help managers use resources efficiently and effectively;
 Improve NGO reporting to fiscal authorities and donors;
 Help earn partners and beneficiaries’ respect and trust;
 Help NGO better compete for resources that are becoming increasingly limited;
 Help NGO attain financial sustainability in the longer term.
Training Objectives
At the end of the course, participants 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.
The following topics will be covered:
 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
 Programme 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
Other Key Modules
 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 Mechanisms
 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
 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
 Formulation of project fundraising proposals.
Way forward After the Training
Participants will develop a work plan through the help of facilitators that stipulates application of skills acquired in
improving their organizations. ASPM will continuously monitor implementation progress after the training.
Training Evaluation:
Participants will undertake a simple assessment before the training to gauge knowledge and skills, another assessment
will be done after the training in-order to monitor knowledge gained through the training.

ENROLL

Finance and Financial Management
June 3 @ 8:00 am - June 14 @ 5:00 pm

Organizer

ASPM
+254 737 022726
info@aspm.co.ke

Venue

Nairobi
Nairobi Kenya + Google Map
+254 737 022726

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