Budget Monitoring Essentials

Budget Monitoring Essentials:

Mar 18 2020 - Apr 21 2020

Location: an eLearning program

Language: English

Prices

Early - Jan 19 Regular - Mar 15
HUMENTUM MEMBERS $300 $350
NON-MEMBERS $370 $425

Agenda

Week 1 

Introductions and overview 

  • Using the site and where to get help
  • Icebreaker
  • Financial reporting and monitoring in context
  • Introducing the Chart of Accounts 
  • Budget monitoring – your experience so far
  • Practical assignment: Introducing the case study 

Week 2 

Budget monitoring reports 

  • Budget monitoring reports: layout and content
  • Where the figures come from
  • Donor accountability
  • Practical assignment: Building the report 

Week 3 

Budget management: Analysis tools and techniques 

  • What causes variances to the plan?
  • Analyzing the budget monitoring report
  • How to spot fraud and abuse of budgets
  • The Variance Analysis Table
  • Practical assignment: Variance analysis 

Week 4   

Budget management: Action planning and forecasting

  • Taking action on variations to the plan
  • The art of budget forecasting
  • Reviewing the budget forecast report
  • Donor reports and budget variations
  • Practical assignment: Budget forecast and actions

Week 5 

Making links and action planning 

  • Practical assignment: Peer review
  • Review and key messages
  • Bonus materials
  • Action planning

Venue

an eLearning program