Financial Management for US Government Funding

Financial Management for US Government Funding:

Jun 21 2018 - 8:30am - Jun 22 2018 - 5:00pm

Location: Kampala , Uganda

Instructor(s):

Shannon M. Meehan

Language: English

Prices

Early - May 10 Regular - May 31 Late - Jun 21
NON-MEMBERS $1,030 $1,135 $1,240
HUMENTUM MEMBERS $820 $925 $1,030

Agenda

Day 1 

Welcome and Overview

  • Introductions, expectations and program overview

Financial Management Fundamentals 

  • The Importance of Good Financial Management
  • Elements of a Strong Financial Management System

Cost Proposals (Budgets) to Support Program Descriptions

  • Budget Notes Development
  • Budget Review – Comparing Budget and Program Description
  • Relationship between Budget and Chart of Accounts
  • Cost Share

Daily Transactions and Internal Controls 

  • Petty Cash
  • Daily Entries
  • Job Cost Accounting

Timekeeping Systems

  • Personnel Activity Reports
  • Payroll Journal
  • Managing Time and Facilitating Collaboration

Managing Risk

  • Preventive Controls
  • System of Authorization
  • Segregation of Duties

Document / File Systems 

  • Filling System Options
  • Monthly Closings

Day 2 

Budget Management

  • Monthly “Budget vs. Actual” Reporting
  • Quarterly “Budget vs. Actual” Reporting
  • Budget Management Practices
  • Pipeline Reporting

Indirect Costs/Rates and Shared Cost Allocation

  • Overview
  • Provisional and Final Indirect Rates
  • Indirect Rate Calculation Methodologies
  • Accounting System Requirements
  • Shared Cost Allocation Methodologies

Financial Statements 

  • Purpose and Uses of Audited Financial Statements

Donor Audits

  • Preparing for an Audit
  • Areas of Audit Risk
  • Supporting & Managing the Audit
  • Corrective Action Plans 

Closing Out and Agreement 

Next Steps - Priority Setting 

Close

  • Evaluations and closing words 

 

Venue

Kampala Kintu Road
Kampala
Uganda

Kampala Serena Hotel
Kampala Kintu Road  
Kampala, Uganda
Tel: +256 414 309000
Fax: +256 414 259130
Email: kampala@serena.co.ug
http://www.serenahotels.com/serenakampala/en/default.html

Hotel Information

Participants are responsible for making their own hotel/lodging arrangements.

Kampala Serena Hotel
Kampala Kintu Road
Kampala, Uganda

Click here for directions to Kampala Serena Hotel from Entebbe International Airport.

Please make sure you mention the Humentum workshop in order to qualify for the negotiated rate of $262 USD. Rate is inclusive of bed, breakfast, and all taxes.