Training Course on Financial Management for Donor-Funded Projects (AFC008)
Training Course on Financial Management for Donor-Funded Projects
This course is designed to equips participants with the knowledge and practical skills necessary to navigate the unique financial management challenges associated with donor-funded projects.
Course Duration
Online Training: 10 days (4hrs per day)
Classroom Training: 10 days (7hrs per day)
Course Objectives
By the end of this course, participants will be able to understand:
Accounting principles and procedures within the planning of financial statements
- Preparation of Work Plan, budgets and cash flow management
- Analyze and interpret information as discovered in financial statements.
- Compliance with prerequisites, legal and administrative framework
- Identifying various elements of donor funding.
- Costing factors of Donor Funded Projects
- Monitor and evaluate donor-funded projects.
- Disbursement factors of Donor Funded Projects
- Project management techniques
- Outline and assess the convenience of the authorized provisions governing the procurement along with usage of donor funds.
- Compliance Regulatory & Governance and Risk management
- Prepare & effectively manage the arrangement of budgets for donor funds.
Organisational Impact
Organizations that enroll their staff in this training will benefit from:
- Improved Donor Compliance – Strong adherence to donor regulations, legal frameworks, and reporting requirements, reducing risks of funding suspension or repayment.
- Enhanced Financial Accountability and Transparency – Robust financial systems that strengthen donor confidence and institutional credibility.
- Better Budget Planning and Utilization – Accurate work plans, realistic budgets, and improved cash flow management for donor-funded projects.
- Reduced Audit Findings – Strong internal controls, proper documentation, and compliance with procurement and financial standards.
- Effective Risk Management – Proactive identification and mitigation of financial, regulatory, and operational risks.
- Strengthened Procurement and Contract Oversight – Transparent and compliant procurement processes aligned with donor requirements.
- Improved Monitoring and Reporting Systems – Timely, accurate financial and narrative reporting that supports decision-making.
- Enhanced Project Sustainability – Strong financial sustainability strategies and effective exit planning.
- Increased Funding Opportunities – Strong track record of compliance and financial management enhances eligibility for future donor funding.
Personal Impact
Participants will gain:
- Specialized Knowledge in Donor Financial Management – Clear understanding of donor-specific financial rules and expectations.
- Practical Budgeting and Cash Flow Skills – Ability to prepare, manage, and justify donor-funded budgets effectively.
- Improved Financial Reporting Skills – Confidence in preparing financial and narrative donor reports.
- Stronger Compliance and Governance Awareness – Ability to align project financial practices with regulatory and governance standards.
- Enhanced Risk Management Competence – Skills to identify and mitigate financial risks in donor-funded environments.
- Procurement and Contract Management Expertise – Understanding of donor-compliant procurement procedures.
- Audit Preparedness Skills – Ability to support internal and external audits successfully.
- Project Management Integration – Understanding the link between financial management and project implementation.
- Career Advancement Opportunities – Increased professional value in NGOs, development agencies, INGOs, and public sector projects.
Course Outline
Module 1: Introduction to Donor-Funded Projects
- Overview of donor-funded projects and their significance
- Types of donors and funding sources
- Unique financial management challenges in the context of donor funding
Module 2: Fundamentals of Financial Management
- Core principles of financial management
- Budgeting for donor-funded projects
- Financial planning and forecasting
Module 3: Compliance and Regulatory Framework
- Understanding donor regulations and compliance requirements
- Overview of international financial standards and reporting
- Navigating legal and regulatory frameworks for donor-funded projects
Module 4: Project Budgeting and Proposal Development
- Developing comprehensive project budgets
- Aligning budgets with project goals and donor expectations
- Strategies for effective proposal development and budget justification
Module 5: Financial Controls and Internal Policies
- Establishing internal financial controls
- Designing and implementing financial policies and procedures
- Internal and external audit requirements for donor-funded projects
Module 6: Monitoring and Reporting
- Implementing effective financial monitoring systems
- Regular reporting to donors: financial and narrative reporting
- Utilizing financial reports for decision-making and accountability
Module 7: Risk Management in Donor-Funded Projects
- Identifying and assessing financial risks
- Strategies for mitigating financial risks in donor-funded projects
- Contingency planning and crisis management
Module 8: Procurement and Contract Management
- Procurement policies and procedures for donor-funded projects
- Contract management and compliance
- Ensuring transparency and fairness in procurement processes
Module 9: Financial Sustainability and Exit Strategies
- Developing financial sustainability plans
- Planning for project exit and sustainability post-funding
- Building partnerships and diversifying funding sources
Module 10: Case Studies and Practical Applications
- Analyzing real-world examples of financial management in donor-funded projects
- Group discussions on challenges and solutions
- Practical exercises to reinforce learning
Note: The specific content, activities, and duration of each session may be adjusted based on the target audience, learning objectives, and available time.
Course Language
English
Training Methodology
This 10-day course adopts a practical, compliance-focused, and participatory learning approach, including:
- Interactive Lectures – Clear explanation of donor regulations, financial standards, and compliance frameworks.
- Practical Budget Development Workshops – Hands-on preparation of work plans, project budgets, and cash flow forecasts.
- Case Studies – Real-world donor-funded project scenarios to analyze challenges and solutions.
- Group Discussions and Experience Sharing – Peer learning on donor compliance and financial management practices.
- Simulation Exercises – Practice in financial reporting, procurement processes, and audit preparation.
- Risk Assessment Workshops – Identification and mitigation of financial and compliance risks.
- Procurement and Contract Role-Plays – Practical exercises on managing procurement in donor environments.
- Monitoring & Reporting Clinics – Development of donor-compliant financial and narrative reports.
- Action Planning Sessions – Participants develop implementation plans tailored to their organizations.
- Continuous Assessment & Feedback – Ongoing facilitator feedback to reinforce learning and practical application.
Certification
Upon completion of training, the participant will be issued with a certificate of Completion.
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