Financial Management For Non-Finance Development/Humanitarian Professionals

What this course is about:

Sound financial management is critical to the success of all types of development projects and should take account of project systems and country systems for financial management. The objective of this training is to enable the participants to better manage the financial and cost aspects of the development projects. This training will promote a better understanding of cost behavior, implications of financial decision and various aspects of project financial management in special context of humanitarian environment..

Objectives:

After attending this training, participants will be able to:

• Adopt appropriate systems for managing project finances
• Produce financial plans and project financial accounts and reports
• Evaluate risks and establish the appropriate financial control environment

Training Contents:

• Introduction to Financial Management
  • Learning Objectives
  • Introduction of Financial Terms
  • What is financial Management?
  • Objectives of Financial Management
  • The Tools of Financial Management

• Project budget and analysis of budgeted costs
  • The Financial Planning Process
  • Types of Budgets
  • Budget Structures
  • Approaches to Budgeting
  • The Budgeting Process
  • The Challenge of Core Costs
  • Spending plans
  • The Challenge of Multiple Donor Programs
  • Exercise

• Internal controls and control activities
  • Managing Internal Risk
  • Risk assessment and project financial risk management

• Financial Monitoring and Indicators
  • Managing The budgetary spending
  • Investigating differences from the budget (Budget Vs Actual Report)
  • What is Budget Vs Actual Report?
  • How often are these reports generated?
  • What To Look For getting back on track
  • Amount of Variances
  • Trend of Variances
  • What the Variances Really Mean
  • Managing Cash Flow

• Financial Reporting
  • The Annual Accounts
  • Management Reporting
  • Presenting Reports
  • Reporting to Donor Agencies
  • Reporting to Beneficiaries

• Risk Management
  • Managing Internal Risk
  • Risk assessment and project financial risk management
  • Risk Mapping
  • Exchange Risk Management

Methodology of training:

The mixed-method approach will be used to inculcate the adult learning principles for the training. To make it highly innovative, the trainer will use lectures, demonstrations, individual assignments, and exercises. The training will be conducted in a friendly environment where the participants will be encouraged to bring forward their queries and share their thoughts and opinions. Participative practical activities will reinforce individual and group learning. The training will be evaluated at every day’s end to know the shortcomings/lacking and will be improved for the next day.

Medium of Instruction:

English

Duration & Venue:       

September 13 to 15, 2022

Kathmandu, Nepal

Registration Deadline:   

August 25, 2022

Early Bird Discount:  

10 % discount will be offered if registered before August 15, 2022.

Course Fee:

• Local Organizations                                      USD 390
• International Organizations                          USD 490
• Other Countries                                            USD 690

Residential Package: 

Residential Package is available at the venue hotel on payment of required charges.

Discount Policy: Group Discount (from same organisation):

On every three paid nominations from same organisation, one person (i.e fourth one) will be free of charge.

In-House Training:

CRSM also offers this training for your organisation as an in-house event. This will be cost effective and customised for your organisation’s specific needs.

To discuss this, please contact CRSM representative at +92 321 55 65 072 or +92 316 58 87 783 or mail to registration@crsmconsulting.net

How to be registered?

Download the registration form from the link below and send its soft copy to registration@crsmconsulting.net our correspondent will contact you for further processing.

For Further Information, Please Contact:

Email: registration@crsmconsulting.net

Tel: +92 321 55 65 072 or +92 316 58 87 783