Projects Finance and Disbursement of Donor funded Projects

Description

The effective use and deployment of donor funds for various projects demands careful utilization and timely reporting mechanisms to the funders. It is only when funds are effectively managed in accordance with the donors requirements will there be the motivation for re-imbursement of financial resources.

Unfortunately many NGOs, and development agencies are caught up with inadequate management of donor financed projects and reporting mechanisms.

This course is designed to promote improved compliance with operational policies and donor agency procedures on effective financial management, and to empower participants on the use of various disbursement methods and the use of periodic project management reports (PMRs) in line with donor agency disbursement and requisition requirement.

Also participants will explore other core competencies and skill based on areas such as, planning, budgeting, financial and management accounting, auditing, accountability and transparency in the management of funds, procurement, and financial project monitoring systems.

The overall objective of this four weeks course is to enable participants to competently design and manage project financial management systems and accountability methods in accordance with donor guidelines and procedures

Course Deliverables

Course participants will be able to competently design and operate project financial management systems and execute corresponding payments / disbursements in accordance with sound professional standards and the harmonized requirements of donors and their respective governments.