Financial management for development projects

Financial management for development projects

Financial management for development projects

30 novembre–11 décembre 2020
Le cours est disponible en English

Financial management is a prerequisite for successful development projects. Timely and precise financial data help governments and international institutions make decisions, take corrective action, and deliver results. In this course, participants learn how to design financial management systems that adhere to professional standards and donor requirements.

Join this course if you’re ready to create better financial systems for development projects.

Key features
Learn differently

The Centre’s training methods include videos and online demos

High-level resources

Learn from ILO specialists, ITCILO trainers, and external lecturers

Proven procedures

This course is based on ILO-recognized strategies and standards

Présentation du cours

Financial management is more than an administrative and control duty. 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 for corrective action by project management staff, to enhance the prospects of timely completion of deliverables within the planned project budget and scope. Participants will learn to design and operate project-related 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.

Groupes cible

This course is aimed at project directors and accounting and financial management staff engaged in the implementation of development projects, particularly those working for the United Nations, IFIs and EU-funded projects. Candidates are expected to have a basic knowledge of accounting in the public or private sector.

What topics does this course cover?

This ten-day training course prepares project managers and staff to set up financial systems that ensure success.

  • Finance
  • Project cycle management
  • Sustainable development
What will I learn?

Participants discuss relevant topics with international experts and their peers.

  • How project financial management fits into the project cycle
  • All about the legal and financial implications of project finance agreements
  • Various financial and accounting standards, including IPSAS, IFRS, ISA, and ISSAI
What will I be able to do?

After taking the course, participants are ready to improve existing financial systems and design effective new ones.

  • Estimate project budgets based on outcomes, outputs, and activities
  • Develop customized financial systems informed by financial management assessments
  • Manage stakeholder needs and expectations, and maintain their support
Why should I join?

The Turin Centre is known for its innovative learning and training methods.

  • Senior financial management specialists talk about their experiences and answer participants’ questions.
  • Participants work in groups to solve financial challenges, applying relevant principles and procedures.
  • All participants are invited to bring a copy of a finance agreement, project document, or relevant manual for reference throughout the course.

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