Purpose
Through the use of proper methods and the application of accounting and financial concepts, this course is meant to help people who work in grant management become efficient and effective in the acquisition and utilization of money for development purposes.
Target audience
Budget Accountants, Auditors, Chief Accountants, Procurement Directors, Procurement Managers, Procurement Officers, Administrators, Project Officers, and Credit Controllers
Course objectives
By the end of the course, Participants will be able to:
- identify and comprehend the key terms and conditions of grant aid for donor-funded projects;
- ensure compliance with donor terms and conditions; provide supporting documentation,
- make the right purchases of goods and services, and adhere to financial reporting requirements;
- manage multiple funded programs;
- provide tools for efficient management of donor-funded project;
- design and monitor donor budgets; and prepare donor proposals.
- The phases of the grant management cycle should be explained, together with the important tasks and practices required for grant management success.
- Manage the connection with donors, head office, and implementing partners with greater confidence.
- Recognize that finance and program employees must collaborate closely for successful grant administration.
Duration: 10 days
Course content
- Grants Management Cycle Overview
- Making a proposition
- Budgeting
- Cost categories
- Contract for Grant Awards
- Award Reviews
- Implementation, compliance, and fundraising advice
- Costs both eligible and ineligible,
- Cost-sharing or matching expenses,
- Purchasing Policies,
- Tools for Grant Tracking, Costs Eligibility and Administration
- Program assessment
- Reporting on Grants
- Partnerships and consortia management, Financial Documentation and Reporting, Internal Controls, Audit, Narrative Reporting, Donor Compliance,
- Employee and Staff Issues (Ethics): Contracts, Time Sheets, Travel & Per Diem: Itinerary, Assigning,
- Asset & Inventory Management, Co-Financing
- Funding from many donors, indirect expenses and contingencies, close-out procedures, and the final tranche.
- The flow of donor funds
- evaluating the terms and conditions in grant agreements
- grant accounting and procurement systems
- complying with donor reporting requirements
- managing key relationships are all essential to successful grant management.
- Basic concepts in grant management, key challenges in grant management
- the grant management life cycle
- grant management plan
- responsibilities and routines in grant management
- Funding for Community Development and Projects
- Funding needs, project financing, capital budgeting, investment appraisal, donor policies and procedures, compliance with donor protocols, and disbursement techniques
- Techniques for Financial Risk Analysis
- Budgeting for Expenditures
- Project Budgeting and Planning
- Loan Management/Payment
- Project Financial Management
- Integrated accounting and financial systems
- Budgeting and budgetary control
- Internal control and control mechanisms
- Financial performance measurement
- Accounting rules and systems
- Financial statement auditing
- Management control framework