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Financial Monitoring and Evaluation |
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Preamble The funds allocated to various projects and programmes should be monitored to ensure that they are used prudently and within the budget. Financial evaluation should be done to detect the impact caused by financial expenditures on projects. Target Group Managers responsible for management of finances and other resources. Learning Objective
On completion, participants should be able to: - Apply financial monitoring and evaluation skills acquired to make sound financial decisionssolve financial problem
- Design and implement a successful financial monitoring and evaluation system
- Detect fraud and prevent its recurrence
- Prepare a financial work plan, and formulate financial targets
- Analyze and discuss the budgetary control system
- Effectively monitor budget implementation
- Apply audit skills to deter financial impropriety and ensure value for money ;
- Monitor procurement and use of supplies and stores more effectively
- Prepare financial statements and reports that can be used for purposes of taking correctiveaction.
Content The course will address the following areas: - Sources of organizational finances
- Financial monitoring and evaluation
- Preparation, analysis and interpretation of financial statements
- Budgetary control and management
- Financial monitoring, evaluation and control process
- Data collection for financial monitoring and evaluation
- Design of a monitoring and evaluation system
- Supplies and procurement management
- Detection and prevention of financial fraud waste and abuse
Benefit of attending Participants will be equipped with the skills and knowledge on financial monitoring and evaluation.
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