This course defines the components of effective technical financial Plaining within the context of the development project life cycle. It examines the financial tools and techniques available for the efficient implementation of projects and for assessing the effectiveness of project financial management systems.
It covers budgeting; accounting standards; procurement and contract management; performance measurement; financial management staffing; audit and internal controls
During the ten days, delegates will explore the processes needed to implement appropriate project risk mitigation strategies and set up monitoring of performance indicators and reporting for effective decision making. They will assess their own financial management systems and develop action plans for improvement of these systems.
Course Objectives
By the end of the course, participants will be able to:
Who should attend?
Project finance professionals (Head of Project Finance, Manager of Project Finance etc.) should do this online project finance training.
Even corporate finance and structured finance professionals can learn this course if they want to increase the depth and breadth of their knowledge.
Accountant Analysts, Investment bankers, even any finance professional can also do this course.
How attendees will benefit?
After completion of the program, delegates will be able to:
Adopt appropriate financial tools and techniques for managing projects
Understand the dynamics and principles involved in the use of donor systems
Assess existing project financial management systems and effect needed improvements
Understand how to appraise and choose between various prospective project investment opportunities using discounted cash-flow analysis
Formulate project plans and budgets and understand their impact on project profitability and cash-flows
Align project procurement and contracting processes with international best practice
Use integrated financial management information systems to enhance project efficiency and effectiveness
Evaluate project implementation risks and minimise them by establishing appropriate internal controls
Course Outline
Course Content:
Project life-cycle, project documentation and project management
Project implementation structures, financial management and controls
Tools to assess project financial management systems
International public sector accounting standards
Budgeting, and accounting policies and procedures
Reporting, monitoring and evaluation
Governance and fraud prevention
Procurement for development projects
Information systems
Country and donor financial systems
Project appraisal techniques and internal and external audit