Organization: InsideNGO
Registration deadline: 09 Jun 2016
Starting date: 09 Jun 2016
Ending date: 10 Jun 2016
Overview
This workshop will incorporate the updated US Government regulations, as per the rule changes effective December 26, 2014.
Consistent and effective financial management is the key to receiving funding from the US Government – and also to reducing audit findings.
Whether you are receiving a grant, cooperative agreement, or a contract, whether you are a prime, a sub or new to US Government funding - developing, implementing and maintaining an adequate financial management system is key to becoming and remaining eligible for federal monies, effectively managing program and funder relations, and reducing the anxiety and risk around audits. This workshop will help you in this quest.
This course is one of three required to earn InsideNGO’s Certificate in USAID Assistance Management.
Prerequisite(s)USAID Rules & Regulations: Grants & Cooperative Agreements
Course Objectives
At the end of this workshop, participants will return to work equipped with a comprehensive knowledge of the fundamentals of financial management with US Government funding, including the following basics: accounting procedures, timekeeping systems, basic budget management, indirect costs and how to deal with donor audits and reviews.
What You Will Learn
The methodology of the course is a balance of presentation and small group exercises, during which you’ll gain practical knowledge and valuable experience.
In this workshop you will learn:
- The accounting system basics required to be eligible for USG funding
- Techniques for managing transactions to a program budget
- The importance of teaming between finance, compliance and program staff
- Tips and techniques for maintaining accurate and compliant timesheets
- The importance of accurate financial statements and how to compile them
- What the funder's auditors are looking for and how to manage the process
- How effective budget management is key to programmatic success
- Methods for recovering indirect costs
This training course has been created at the request of InsideNGO’s members and worldwide workshop participants.
Who Should Attend
The course is targeted at finance, compliance, and program staff who manage budgets and reconcile activity costs with program budgets. These two days of training are designed to provide you with proactive guidance that will enable you and your team to establish effective and compliant financial management systems.
What You Will Receive
- Course manual
- Sample procedures, forms, and checklists
- A sample financial management manual
- CPE credits (total for 2 day attendance) applicable for continuing education with the National Registry of CPE Sponsors (for further information see explanation of continuing education credits on this website)
- An opportunity to ask questions of experienced practitioners who have dealt with many of the same issues you encounter in your work
What Past Attendees Have Said
- “What I learned will help me make improvements to the existing internal control system.”
- “I have a better understanding of how to strengthen our financial management.”
- “I’m better prepared for an audit.”
- “This will help me plan finance/accounting daily activities and be a more effective supervisor.”
How to register:
Register Here: http://insidengo.org/events/eventDetail.htm?id=AccraFM0616