About The Event
• Time: 9:00 AM – 3:00 PM (Daily)
• Venue: Best Western Meridian Nairobi Kenya
• Fee: $700 (includes all workshop materials, meals).
Workshop Overview
As the financial year draws to a close, effective financial management and reporting are critical for NGOs to maintain transparency, compliance, and donor trust. This 4-day intensive workshop is designed to equip participants with practical tools and strategies for budgeting, financial planning, compliance with donor requirements, and fraud prevention.
Participants will learn how to streamline financial processes, prepare accurate reports, and address audit challenges, ensuring their organizations are ready for year-end reporting and future funding opportunities.
Who Should Attend:
- Finance Managers and Officers in NGOs and CSOs.
- Program Managers and Grant Coordinators handling budgets and donor reporting.
- Compliance Officers and Internal Auditors.
- Professionals involved in financial planning and risk management for non-profits.
Key Features:
- Expert-led sessions with a focus on practical application.
- Comprehensive coverage of financial planning, donor compliance, and fraud prevention.
- Hands-on exercises and real-world case studies.
- Networking opportunities with peers and experts.
- A guided National Park tour for reflection and informal connections.
Learning Outcomes:
By the end of this workshop, participants will:
- Master the principles of financial planning and budgeting for NGOs.
- Understand and comply with donor-specific financial reporting requirements.
- Develop robust systems to prevent and detect fraud.
- Prepare for and respond effectively to financial audits.
- Enhance transparency and accountability within their organizations.
Detailed Agenda
Day 1: Foundations of Financial Management
9:00 AM – 10:30 AM: Understanding NGO Financial Management
Core principles and unique challenges in NGO finance.
Linking financial planning with organizational strategy.
10:30 AM – 10:45 AM: Tea/Coffee Break
10:45 AM – 12:30 PM: Budgeting and Cost Management
Developing accurate and realistic budgets.
Allocating resources effectively.
12:30 PM – 1:30 PM: Lunch Break
1:30 PM – 3:00 PM: Building Financial Resilience
Managing cash flow and financial reserves.
3:00 PM – 4:00 PM: Interactive Exercise: Budget Creation
Day 2: Donor Compliance and Reporting
9:00 AM – 10:30 AM: Understanding Donor Expectations
Key donor requirements and financial guidelines.
Tailoring financial reports to donor standards.
10:30 AM – 10:45 AM: Tea/Coffee Break
10:45 AM – 12:30 PM: Preparing Financial Reports
Best practices for accurate and transparent reporting.
Avoiding common reporting errors.
12:30 PM – 1:30 PM: Lunch Break
1:30 PM – 3:00 PM: Case Study: Successful Donor Reporting
Real-world examples and lessons learned.
3:00 PM – 4:00 PM: Interactive Q&A Session
Day 3: Fraud Prevention and Internal Controls
9:00 AM – 10:30 AM: Recognizing Fraud Risks in NGOs
Common types of fraud and their impact.
Early warning signs and red flags.
10:30 AM – 10:45 AM: Tea/Coffee Break
10:45 AM – 12:30 PM: Strengthening Internal Controls
Policies and procedures to minimize fraud risks.
Role of technology in fraud detection.
12:30 PM – 1:30 PM: Lunch Break
1:30 PM – 3:00 PM: Developing a Fraud Prevention Framework
Practical steps to implement anti-fraud measures.
3:00 PM – 4:00 PM: Case Study: Fraud Prevention in Action
Day 4: Preparing for Audits and Enhancing Accountability
9:00 AM – 10:30 AM: Audit Readiness
Steps to prepare for external and internal audits.
Addressing audit queries and findings.
10:30 AM – 10:45 AM: Tea/Coffee Break
10:45 AM – 12:30 PM: Building Accountability Systems
Tools and frameworks for financial accountability.
Engaging stakeholders in transparent reporting.
12:30 PM – 1:30 PM: Lunch Break
1:30 PM – 3:00 PM: Real-World Applications
Discussion of successful audit cases and takeaways.
3:00 PM – 4:00 PM: Final Q&A and Wrap-Up
Registration Details
Fee: $700 (includes workshop materials, meals).
Group Discounts:
5 or more participants: 10% off.
Registration Deadline: 21st March 2025.
For more information or to register, contact: info@stratfordinternationalbdlc.co.uk.
