en

15 May 2017 - 26 May 2017

Financial management for development projects

15 May 2017 - 26 May 2017

Financial management for development projects

Financial management for development projects
Deadline for application: 05 May 2017
English
A9010390
Turin Centre
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Course Information

15 May 2017 - 26 May 2017

English

Turin Centre

Code: A9010390

English

Deadline: 05 May 2017

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Financial management is more than an administrative and control function. Rather, sound financial management is a critical prerequisite for successful project delivery. Timely and precise financial data are indispensable for effective decision-making, as well as corrective action by project management staff, to enhance the prospects of timely completion within the planned project budget and scope of deliverables. Participants learn to design and operate project financial management systems in accordance with sound professional standards and the requirements of donors and governments. The course also explores the content of periodic financial reports on development projects.

Description

Description

Financial management is more than an administrative and control function. Rather, sound financial management is a critical prerequisite for successful project delivery. Timely and precise financial data are indispensable for effective decision-making, as well as corrective action by project management staff, to enhance the prospects of timely completion within the planned project budget and scope of deliverables. Participants learn to design and operate project financial management systems in accordance with sound professional standards and the requirements of donors and governments. The course also explores the content of periodic financial reports on development projects.

Target audience

Target audience

This course addresses project directors and accounting and financial management staff engaged in the implementation of development projects particularly those of the United Nations, International Financial Institutions, and EU-funded projects. Candidates are expected to have basic knowledge of accounting in the public or private sector.

Content

Content

General

  • Project cycle and relevant project documentation
  • Procurement guidelines of funding agencies and related standard bidding documents

 FInancial management

  • Introduction to project financial management
  • Project financial management activities throughout the project cycle of a development project
  • Factors influencing optional design of a project financial management system
  • Internal control
  • Planning and budgeting
  • Accounting systems
  • Computerisation of accounting systems
  • Financial monitoring reports
  • Annual financial reports
  • Auditing arrangements
  • Common project financial management problems

Payment / disbursement

  • Payment/disbursement procedures of the funding agency or national government
  • Letters of Credit and special payment procedures
  • IMPREST account/special account
  • Common payment/disbursement problems in donor-funded 

How to apply

How to apply

All open courses are available to interested candidates, particularly those involved in the implementation of public sector reform programmes or development projects funded by the UN, EU and/or multilateral banks as well as bilateral technical assistance programmes which normally have budgetary allocations earmarked for training expenses. 

In order to receive further information on the technical contents of a specific course, please contact: sdp@itcilo.org

Participation in our open courses is processed by filling an on-line application form accompanied by a commitment letter duly signed (with institutional stamp) by the participant’s sponsoring institution.

Contact us

sdp@itcilo.org

Tuition cost: 2275

Subsistence cost: 1350

Total cost: 3625

 

International Training Centre of the ILO

Viale Maestri del Lavoro, 10
10127 Turin - Italy

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