Financial Risk Management for Development Projects
Risks and its consequences pose a formidable threat to poverty reduction efforts. This training is geared towards risk management for development projects based in Africa. There is increasing pressure to ensure value-for-money on development projects, therefore, participants will learn how financial risk management can enhance project effectiveness through effective financial risk management, monitoring and evaluation.
International Public Sector Accounting Standards (IPSAS)
There has been increasing pressure for governments around the world to be more accountable for their public budgets with governments and to produce accurate, meaningful and transparent financial statements. International Public Sector Accounting Standards (IPSAS) enable public entities to show clear accrual accounting and budgeting techniques and demonstrate results-based monitoring and reporting.
This workshop will provide the comprehensive understanding of applying IPSAS from the IASB’s IFRS standards to the framework of public bodies and enable delegates to increase transparency and develop a better system of performance/results measurement of costs and cost budgets. Though the use of case studies of all the major topics, delegates will gain a working knowledge of how to apply and adopt IPSAS to their organisation. We will conduct discussions on how to overcome the challenges faced by other government institutions in implementing IPSAS.
Transition and Implementation of IPSAS
This course will explore whether and how to use any of the transitional provisions in IPSAS, and guides delegates through best practice to ensure systems and processes are adequate in managing the overall transition project.
This practical course includes discussion of real-world experiences in transitioning to IPSAS and answers to implementation questions. Strategies and guidance for establishing IPSAS accounting policies are also discussed.
Budget Process & Budgeting for Government & Public Sector Organisations (Bespoke)
This workshop seeks to equip government executives with the requisite components of budget strategies and to improve their ability to provide effective oversight function on budget implementation. The course is delivered through instructor-led sessions, class discussions and case studies sessions.
Microfinance – with a focus on African Countries (Bespoke)
This course gives organisations running, or considering, microfinance projects in Africa a stronger foundation in designing and managing their projects so as to achieve a greater degree of success. Delegates will learn some common pitfalls to avoid, the lessons learned in pioneering banks in Asia and Latin America and how to apply the findings to their community-based microfinance projects.
International Financial Reporting Standards (IFRS)
As more publicly traded, private and state-owned entities around the world adopt IFRS, there is increasing pressure for companies to ensure that their records are compliant with these international standards and principles. There is greater demand from banks, investors and funds for improved accountability and transparency. The global acceptance of IFRS means that even those who are not directly involved in the preparation of financial reporting need to stay up-to-date with the current developments so as to ensure that contracts and agreements are in-line with these standards.
This workshop can be geared for both the novice as well as the seasoned professional to give a comprehensive understanding of IFRS to increase transparency and develop a better system of performance/results measurement. Though the use of case studies of all the major topics, delegates will gain a working knowledge of how to apply and adopt IFRS to their organisation. We will also conduct discussions on how to overcome the challenges faced by other companies in implementing IFRS.
Finance for Non-Finance Managers
Delegates on this course will gain a clear understanding of business finance, how to interpret financial statements such as profit & loss, the balance sheet, cash flow forecasts, risk analysis and break-even figures. It will highlight the key financial areas you should be addressing as a manager and know when to look out for warning signals. Understand how, why and when you may need to raise capital for your business.
Anti-Bribery and Anti- Corruption Compliance Workshop
The course will discuss practices and procedures taken by governments, NGOs and other stakeholders to eliminate corruption and promote accountability and transparency. We will guide delegates in applying an anti-corruption strategy that fits their organisation’s individual circumstances, taking into account the current culture both internally and within the country at large.