| Location | Duration | Kenyan Cost | Non-Kenyan Cost | Upcoming Schedules |
|---|---|---|---|---|
| Nairobi, Kenya | 5 Days | KES 115,000 | USD 1,500 | Enroll |
| Kigali, Rwanda | 5 Days | USD 1,900 | USD 1,900 | Enroll |
| Kampala, Uganda | 5 Days | USD 1,900 | USD 1,900 | Enroll |
| Dar es Salaam, Tanzania | 5 Days | USD 2,000 | USD 2,000 | Enroll |
| Dubai, UAE | 5 Days | USD 3,900 | USD 3,900 | Enroll |
| Abuja, Nigeria | 5 Days | USD 4,000 | USD 4,000 | Enroll |
| Accra, Ghana | 5 Days | USD 4,000 | USD 4,000 | Enroll |
| Pretoria, South Africa | 5 Days | USD 3,900 | USD 3,900 | Enroll |
| Start & End Date | Duration | Kenyan Cost | Non-Kenyan Cost | Enroll | |
|---|---|---|---|---|---|
| Sep 14āSep 22, 2026 | 7 Days | KES 90,000 | USD 1,000 | Register | |
| Sep 28āOct 06, 2026 | 7 Days | KES 90,000 | USD 1,000 | Register | |
| Oct 12āOct 20, 2026 | 7 Days | KES 90,000 | USD 1,000 | Register | |
| Oct 26āNov 03, 2026 | 7 Days | KES 90,000 | USD 1,000 | Register | |
| Nov 09āNov 17, 2026 | 7 Days | KES 90,000 | USD 1,000 | Register | |
| Nov 23āDec 01, 2026 | 7 Days | KES 90,000 | USD 1,000 | Register | |
| Dec 07āDec 15, 2026 | 7 Days | KES 90,000 | USD 1,000 | Register | |
| Dec 21āDec 29, 2026 | 7 Days | KES 90,000 | USD 1,000 | Register | |
| Jan 04āJan 12, 2027 | 7 Days | KES 90,000 | USD 1,000 | Register | |
| Jan 18āJan 26, 2027 | 7 Days | KES 90,000 | USD 1,000 | Register | |
| Feb 01āFeb 09, 2027 | 7 Days | KES 90,000 | USD 1,000 | Register | |
| Feb 15āFeb 23, 2027 | 7 Days | KES 90,000 | USD 1,000 | Register | |
| Mar 01āMar 09, 2027 | 7 Days | KES 90,000 | USD 1,000 | Register | |
| Mar 15āMar 23, 2027 | 7 Days | KES 90,000 | USD 1,000 | Register | |
| Mar 29āApr 06, 2027 | 7 Days | KES 90,000 | USD 1,000 | Register | |
| Apr 12āApr 20, 2027 | 7 Days | KES 90,000 | USD 1,000 | Register | |
| Apr 26āMay 04, 2027 | 7 Days | KES 90,000 | USD 1,000 | Register | |
| May 10āMay 18, 2027 | 7 Days | KES 90,000 | USD 1,000 | Register | |
| May 24āJun 01, 2027 | 7 Days | KES 90,000 | USD 1,000 | Register | |
| Jun 07āJun 15, 2027 | 7 Days | KES 90,000 | USD 1,000 | Register | |
| Jun 21āJun 29, 2027 | 7 Days | KES 90,000 | USD 1,000 | Register | |
| Jul 05āJul 13, 2027 | 7 Days | KES 90,000 | USD 1,000 | Register | |
| Jul 19āJul 27, 2027 | 7 Days | KES 90,000 | USD 1,000 | Register | |
About the Course
Training on Financial Management for USAID Funding covers a wide range of guidelines for the financial management of USAID funding and it is intended to improve NGO staff members’ capacity to efficiently administer their programs and uphold donor compliance. This training on financial management for USAID funding will assist individuals and organizations establish, implement, and maintain strong financial management systems to be eligible for USAID funding, reduce audit risk, and build successful collaboration across the organization.
Target Participants
Training on Financial Management for USAID Funding is ideal for anyone managing a USAID grant or cooperative; that is, Finance, compliance, and program staff who manage budgets and reconcile activity costs with program budgets.
Course Duration
One week
What you will learn
By the end of this course the participants will be able to:
- Identify the fundamentals of the accounting system needed to qualify for USAID financing.
- Accurately compile and evaluate financial statements
- Prepare for and coordinate the audit procedure per financing regulations.
- Create and maintain budgets that support the success of your programs.
- Implement strategies for recovering indirect costs.
Course Outline
Overview of USAID Funding
- Introduction to USAID, its regulations, and organizational set-up
- Funding Framework
- Working effectively with USAID
- Best practices with Agreement Officer
Financial Management Fundamentals
- The importance of good financial management
- Elements of a strong financial management system
Cost Proposals (Budgets) to Support Program Descriptions
- Budget notes development
- Budget review ā comparing budget and program description
- Relationship between budget and chart of accounts
- Cost Share
Daily Transactions and Internal Controls
- Petty cash
- Daily entries
- Job cost accounting
Timekeeping Systems
- Personnel activity reports
- Payroll journal
- Managing time and facilitating collaboration
Managing Risk
- Preventive controls
- System of authorization
- Segregation of duties
Document / File Systems
- Filling system options
- Monthly closings
Budget Management
- Monthly āBudget vs. Actualā reporting
- Quarterly āBudget vs. Actualā reporting
- Budget management practices
- Pipeline reporting
Indirect Costs/Rates and Shared Cost Allocation
- Overview
- Provisional and final indirect rates
- Indirect rate calculation methodologies
- Accounting system requirements
- Shared cost allocation methodologies
Financial Statements
- Purpose and uses of audited financial statements
Donor Audits
- Preparing for an audit
- Areas of audit risk
- Supporting & managing the audit
- Corrective action plans
Training Approach
This training on financial management for USAID Funding course is delivered by our seasoned trainers who have vast experience as expert professionals in their respective fields of practice. The course is taught through a mix of practical activities, theory, group work, and case studies.
Training manuals and additional reference materials are provided to the participants.
Certification
Upon successful completion of this training on financial management for USAID Funding course, participants will be issued a certificate.
Tailor-Made Course
We can also do this as a tailor-made course to meet organization-wide training needs. A training needs assessment will be done on the training participants to collect data on the existing skills, knowledge gaps, training expectations, and tailor-made needs.
