Financial Management for Development Professionals (FMD Pro)

Financial Management for Development Professionals (FMD Pro):

Oct 7 2019 - 8:30am - Oct 11 2019 - 5:00pm

Location: Kampala , Uganda

Language: English

Prices

Early - Aug 26 Regular - Oct 06
NON-MEMBERS $1,295 $1,440
HUMENTUM MEMBERS $1,125 $1,250

Agenda

Day 1                                      

Welcome and overview

  • Introductions, expectations and program overview

Key concepts of financial management

  • What is financial management and why is it important for NGOs?
  • Structure and governance of NGOs
  • Good practice frameworks: Seven principles and four building blocks of financial management
  • Financial management systems:the health check approach
  • Financial management systems: key organizing tools

Day 2        

Financial Planning           

  • Financial planning process
  • Types of budgets and their function
  • Practical approaches to building good budgets
  • Donor budgets and budget narratives
  • Consolidated budgets and core costs
  • Cash flow forecasting

Day 3        

Accounting Records

  • Which records should you keep?
  • Practical accounting basics: advances, cash book and petty cash
  • The accounting process: cash or accruals
  • Producing simple financial reports
  • Procurement: process, people and paperwork

Day 4

Financial Monitoring      

  • Financial information: who needs what, when and why?
  • Understanding financial statements
  • Using budget monitoring reports
  • Taking action to keep things on track: variances, out of date budgets and exchange rates
  • Overview of donor reporting

Day 5        

Internal Controls

  • The four internal control actions
  • The role of audit
  • Fighting fraud, bribery and corruption

Summary and close         

  • Action planning
  • Evaluation
  • Certificates

FMD Pro Level I

  • Examination

Venue

Elgon Terrace, 9421
John Babiha (Acacia) Avenue
Kampala
Uganda

Hotel Information

Protea Kampala
Elgon Terrace, 9421, John Babiha (Acacia) Avenue
Kampala, Uganda


Participants are responsible for booking their own hotel/lodging arrangements. Participants are not required to book accommodations at the workshop venue and are welcome to explore other nearby options