Course Description

In the course of the project world, we have learnt or experienced several projects that get abandoned prior to their completion. In most cases, this is due to misuse of funds, fraud, or generally lacking knowledge of managing donor funds. Communities intended to benefit from such projects continue to suffer whereas funds for their wellbeing have already been disbursed. Knowledge of financial principles and procedures in line with legislation and ethical issues are the panacea to the financial mismanagement problems associated with donor funded projects. This program is tailor made to further enhance the knowledge of individuals involved in managing or handling of finances of various donor funded projects. Reference will be made to some of the donors such as World Bank, AfDB, BADEA, ADB, IDB, GIZ, etc.

Course Outcomes

Participants will be able to:

• Gain comprehensive knowledge required in preparation of all financial statements for donor funded project.
• Be acquainted to the financial guidelines used by various donors.
• Further knowledge on analysis and interpretation of financial statements.
• Effectively abide to the legal framework requirements in management of donor funded projects.
• Understand project formulation strategies from a financial perspective.
• Procedures followed in project identification and budgeting.
• Develop knowledge managing funds throughout the phases of a project.
• Understand procedures followed in financial monitoring and evaluation of donor funded projects..
• Know how to ensure that donor funds are used according to the stipulated standards.

Training Methodology

We at ICDRC talent solutions will work with the participants to create cultural and intercultural effectiveness to understand diversity. This will be achieved through a highly interactive presentation which will include several management games, paper-pencil exercises, activities, role plays, videos, and robust practice sessions. You get an opportunity to discuss, share, and learn from the ideas with other industry participants as well. Institute of Corporate Directors Research Center talent solutions follows the approach of Do-Review-Learn-Apply. Participants should end the workshop with a clearer sense of the options, constraints, opportunities and priorities in considering the next steps towards Corporate Governance Codes and its applicability to Human Resource. A great strength of the Institute of Corporate Directors Research Center training approach lies in the diversity of opportunities it provides for participants to learn. Those who learn most by doing and sharing can benefit from the innovative range of participatory exercises and case studies that this course will offer.

This well organised quality training with great content, combines knowledge with practical experience combined with a blend of international participation and shared experience which enhances team work and promotes good partnership with ICDRC training. With ICDRC training you become a conduit for positive change.

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