• Understanding the principles of financial management and the disbursements process of donor funds
• Following laid down donor specific procedures in funding requests
• Knowing the role on project stakeholders in project implementation
• Designing and monitoring donor budgets
• Explaining the various types of auditing, including compliance auditing and management auditing
• Putting in place internal control mechanisms
• Using financial management to create strategies
• Recognizing, understanding and analyzing financial statements
• Identifying risk factors relating to misstatements arising from fraudulent financial reporting
• Providing tools for efficient management of donor-funded projects

• Financial Professionals
• Accounting professionals
• Finance staff and analysts 
• Financial controllers

Day 1

• Introduction to financial systems
• Business model analysis
• Sustainable earnings analysis
• Cash flow analysis
• Balance sheet analysis
• Credit analysis & equity analysis
• Financial forecasting and pro forma financial statements
• Forecasting external funding requirements
• Sustainable growth analysis
• Implications of a company's financing decisions
• Financial analysis of specialized industries
• Pre-course expectation analysis
• Definitions, principles and types of monitoring and evaluation activities

Day 2

• Program management cycle
• Monitoring & evaluation cycles
• Logical framework for strategic planning
• Practical/group work: preparing a strategic plan
• Steps of Terms of Reference (TOR) or proposal for monitoring & evaluation activities
• Practical/Group work: preparing a Terms of Reference (TOR)
• Monitoring and evaluation methods
• Basic quantitative and qualitative data collection techniques
• Bias in data collection: definition, sources and control
• Data processing: analysis, interpret and presentation of routine program data
• Structure of a technical report: understanding observation, interpretation, conclusion and recommendation

Day 3

• Practical/Group work: preparing an evidence-based report
• Post-course evaluation
• Community development and projects funding
• Funding requirements
• Project finance
• Capital budgeting and investment appraisal
• Donor policies and procedures
• Complying with donor procedures
• Expenditure prioritization
• Disbursement methods

Day 4

• Banking: loan management/payment
• Expenditure budgets
• Constraints in fund management
• Project cycle management
• Project budgeting and planning
• Project financial management
• Financial management policy development
• Decentralized financial management and cost centre development
• Financial risk analysis techniques
• Financial performance measurement
• Internal control and control mechanisms
• Integrated accounting & financial systems
• Financial management
• Financial management systems

Day 5

• 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
• Control activities
• Code of professional conduct and ethics
• Preparation of auditing procedures
• Planning and publishing the audit schedule
• Reporting