Scheduled Courses

Assessing and Building Partners Financial Capacity

Duration:  2 days

Cost: €80 (subsidized rate) *This course is funded by Irish Aid for people active in the Irish International development sector. The non-subsidized course cost is €400. To check if you qualify for the subsidized rate, contact dtalk@kimmagedsc.ie

Course Aim and Objectives 

The aim of this course is to give participants the understanding, appreciation and ability to make a sound assessment (and indeed help build on) of a Partner’s financial management capacity. The course will equip participants with the necessary skill sets to be in a position to make some sound judgements in identifying strengths and weaknesses in partner’s financial systems.

Objectives of the course are:-

• To Examine the rationale for Assessing and Building Partners Financial Management Capacity

• To Examine exactly what we are looking for when Assessing and Building Partners Financial  Management Capacity

• To understand the key principles of effective Financial Management

• To appreciate the key internal controls required for effective financial management and to able to use some top tips for being able to detect warning signs of Fraud

• To examine the utilisation of  a Health Check Toolkit for Assessing and Building Partners Financial Management Capacity

Course Content

• Rationale for assessing partners financial management capacity

• Identifying key internal controls

• Examine the key components of a health check list/toolkit/assessment techniques

• Detailed case study

Expected Outcomes

• Understanding of all the elements of the Health Check  Toolkit for making a very effective assessment (and indeed building) of  a partners financial management capacity including:

• Carrying out useful ratio analysis on partners financial statement
• Using some well tested checklists and questionnaires to make judgements on partners;  budget reports, accounting records, internal controls
• Being able to ask very pertinent questions when reviewing partners financial information
• Being in a position to carry out a risk management assessment of a partners financial management capacity

• Being capable of identifying weaknesses in our partners and in so doing being capable of reducing risk
• Making an overall judgement on a partners:
  •  
    • Financial Health
    • Staff capacity to implement the project
    • Internal controls and procedures that are in place
    • Not overly reliant on one donor
    • Communication systems
      
    • Ascertain do the partners have effective links with the local community to whom you want them to deliver the project

Dates

• 20 September - 21 September
• 20 September - 21 September