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Nepal: Financial Management for Effective Programs - Especially designed for non-finance development professionals (NP-FM-050217)

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Country: Nepal
Organization: Center for Resource & System Management
Registration deadline: 20 Jan 2017
Starting date: 12 Feb 2017
Ending date: 14 Feb 2017

Introduction: 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 Budget
  • Budget Structures
  • Approaches to Budgeting
  • The Budgeting Process
  • The Challenge of Core Costs
  • Spending plans
  • The Challenge of Multiple Donor Programs
  • Exercise

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 Flows

Internal controls and control activities

  • Managing Internal Risk
  • Risk assessment and project financial risk management

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

Duration & Venue: February 12 to 14, 2017 (Sunday to Tuesday) Kathmandu - Nepal

Registration Deadline: January 20, 2017


How to register:

In-House Training: CRSM also offers this training for your organization as an in-house event. This will be cost effective and customized for your organizations’ specific needs. To discuss this, please contact CRSM representative at +92-51-222 4860 or mail to training@crsmanagement.net

How to be registered? Please download the registration form from the link below and send its soft copy to training@crsmanagement.net. Our correspondent will contact you for further processing. By submitting the registration form, you are agreeing to CRSM's Cancellation Policy

For Further Information, Please Contact:

Center for Resource & System Management

Phone: +92(51) 222 4860 E mail: training@crsmanagement.net Website: www.crsmanagement.net


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