Financial Management for Development Professionals (FMD Pro) Flex

Financial Management for Development Professionals (FMD Pro) Flex:

Jun 24 2020 - Aug 18 2020

Location: eLearning (Virtual)

Language: English

Prices

Early - May 10 Regular - Jun 21
HUMENTUM MEMBERS $280 $340
Non-Member $340 $400

Agenda

Introductory module 

Get Started 

  • Welcome and introductions
  • What is FMD Pro?
  • Overview of the course and learning outcomes
  • Course case studies

Module 1 

Foundations for strong financial management

  • What is financial management?
  • Key financial management frameworks
  • The finance manual
  • Review activity: Finance Health Check 

Module 2 

Accounting for programs 

  • Why do we need accounting records?
  • Accounting processes and tools
  • The 3 Ps of Procurement
  • Review activity: Finance Health Check 

Module 3 

Financial planning - processes and tools 

  • The financial planning process
  • Budgets and budgeting for program management
  • Review activity: Finance Health Check

Module 4 

Practical budgeting 

  • Activity-based budgeting
  • Creating budgets for funding partners
  • Budget narratives
  • Activity: Creating a mini project budget

Module 5 

Financial monitoring and reporting 

  • Financial monitoring and reporting tools in program management
  • Reporting to funding agencies and partners
  • Budget monitoring reports and variance analysis
  • Activity: Analyzing a budget monitoring report
  • Review activity: Finance Health Check

Module 6 

Managing internal risk 

  • Safeguarding program assets with internal controls
  • Responding to fraud and corrupt practices
  • Review activity: Finance Health Check
  • Reflection and action planning

Venue

eLearning (Virtual)