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NAIROBI WEATHER

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23°C

Nairobi

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Humidity: 43%
Wind: ENE at 22.53 km/h
Saturday
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Sunday
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Monday
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Data Management Solutions

research and data management solutions

 

Data is at the core of everything in life. It is only through its acquisition and sound analysis that individuals, governments, and corporations can make decisions that are beneficial to human existence.

 

M&E SYSTEM SOLUTIONS

monitoring and evaluation training kenya

Monitoring and Evaluation plays a Key role towards the sustainability of projects and programmes.  we have sought to play a significant role in the process through providing M&E solutions.

 

Financial Management Training

INTRODUCTION


Financial management is about preparing, directing and managing the money activities of a business/organization in order to achieve financial objectives. It is therefore crucial for both public and private sector organizations. Management needs to ensure that enough funding is available at the right time to meet the needs of the business. In the short term, funding may be needed to invest in equipment and stocks, pay employees and fund sales made on credit. In the medium and long-term, funding may be required for significant additions to the productive capacity of the business or to make acquisitions. This links in with the financial decision making process and forecasting.

This training will, therefore, enable participants to meet the main objective of financial management; to deliver the goals and projects within the set budget agreed, managing those funds, planning and forecasting and delivery for the value of money.

WHO SHOULD ATTEND


Programme officers and Finance managers who want to improve their skills in financial planning, control and reporting and government officers working on development projects.

DURATION


5 days

OBJECTIVES


At the end of the course participants will be able to:

  • Build project, donor and consolidated budgets using the activity-based budgeting technique
  • analyze financial statements and budget monitoring reports to assess performance
  • Apply good financial control measures.
  • Understand the link between budgets, accounting records, and financial reports.
  • Appreciate the central role of financial management in achieving institutions’ set goal and objectives.
  • Understand the importance of budgets in planning, control, and decision-making.
  • Appreciate the importance of accountability and transparency in an institution.

COURSE OUTLINE


Module 1: Introduction

  • Key principles and concepts of financial management
  • What is financial management?
  • Why is it important for institutions?
  • Good practice systems: the building blocks of financial management
  • Finance health check
  • System-design techniques

Module 2: Financial Planning

  • The financial planning process
  • Cost-Benefit Analysis
  • Functions and types of budgets
  • Practical approaches to building good budgets
  • Cash flow forecasting
  • Consolidated budgets and budgeting for core costs

Module 3: Accounting Records

  • Which records should you keep?
  • The accounting process: cash or accruals
  • Practical accounting: completing the cashbook
  • Bank reconciliation
  • Procurement - steps, people, and paperwork

Module 4: Financial Monitoring

  • Financial information – who needs what, when and why?
  • Using financial statements
  • Using budget monitoring reports
  • Overview of donor reporting

Module 5: Internal Control Systems

  • How to minimize theft and fraud
  • The role of audit
  • Internal control policies and procedures development
  • Summary and close
  • Summary of key messages
  • Evaluation

CUSTOMIZED TRAINING


This training can also be customized for your institution upon request. You can have it delivered your preferred location.

For further inquiries, please contact us on details below: 

Tel: +254 (0) 739167709.

Email: training @versedpro.com

REQUIREMENTS


Participants should be reasonably proficient in English.  

TRAINING FEE


The course fee covers the course tuition, training materials, two break refreshments, lunch, and study visits.

All participants will additionally cater for their, travel expenses, visa application, insurance, and other personal expenses.

ACCOMMODATION


Accommodation is arranged upon request. For reservations contact us below.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Mob: +254 7739167709

PAYMENT


Payment should be transferred to Versed Professional Services account through bank 7 days before commencement of training.

Send proof of payment to This email address is being protected from spambots. You need JavaScript enabled to view it.

CANCELLATION POLICY


  • All requests for cancellations must be received in writing.
  • Changes will become effective on the date of written confirmation being received.
  • The appropriate cancellation charge will apply based on the cost of your booking, as shown below.
  • In the event of an individual named on the booking form cannot attend, we will accept the substitution of another delegate on the condition that written notification of the substitution has been received by us prior to the course date and an administration fee of $ 34 plus VAT has been paid.

COURSE PROVISIONS


  • Accommodation and travel are the responsibility of the candidate.
  • A buffet lunch and two teas are provided on all full day courses during training dates unless otherwise stated. The cost is included in the price quoted. Any special dietary requirements need to be notified in writing to VPSL in advance before commencement of the training

FORCE MAJEURE


  • Versed Professional Services Limited shall not be liable to refund of fees or for any other penalty should courses be canceled due to war, fire, strike lock-out, industrial action, Tempest, accident, civil disturbance or any other cause whatsoever beyond their control.

Event Properties

Event Date 05-03-2018 9:00 am
Event End Date 09-03-2018 4:00 pm
Cut off date 28-02-2018
Individual Price $1,050.00
Location Versed Training Facilities, Nairobi Kenya
$1,050.00
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GIS SOLUTIONS

Gis Solutions Training in Kenya

The role that GIS plays in our everyday lives is enormous. Sometimes we apply GIS even without the knowledge of the fact. At versed professional Services, we have identified this need and the potential GIS has towards positively impacting human life and existence.

Business Software Solutions

Software Solutions

Computer based solutions provided at Versed Professional Services include:

  •  Website Development
  • Search Engine Optimization
  • Needs Driven, Tailor made Software Development
  • Mobile App Development
  • ICT Training

Group Training

Group  Size  Rates / Day (Local) Kes Rates/Day (International) $
5 - 10  119,000.00 1,119.00
11 - 50 195,000.00  1,950.00 
16 - 20   225,000.00  2,250.00
21 - 25   230,000.00  2,300.00

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FAQs

  1. Accommodation
  2. Course Fee
  3. Group Training
  4. Customized Training
We do not offer accommodation services on our training events; however, we can have it arranged upon request an extra cost charged to the participant. For 5 Days training event accommodation includes 6 nights and for 10 days training event accommodation goes for 13 nights
Our Training Events goes for a period of 1 week or 2 weeks. The Training Events Cost USD$ 1050 for 1 week Training Event, and USD$ 2100 for 2 weeks Training Event. Training fee should be paid at least 1 week before the starting date and also send proof of payment via our official mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
You can have the training event hosted as a group event which comprises of a minimum of 5 participants from the same organization. You can have it Trained at your organization preferred location. Get in touch for more details: This email address is being protected from spambots. You need JavaScript enabled to view it.
You can have the Training Event also Customized to your needs, by suggesting topics you need covered during the training event. This is only available to self-paced training only

Our Clients

About Versed Professional

We engage in empowering individuals, organizations, and societies through addressing capacity gaps in an effort to increase their coping capacity during calamity enhancing their resilience afterward during efforts to respond to and reconstruct.

Contact Us

Versed Professional Services

Utumishi Co-op House, 1st Floor,

Mamlaka Road, Off Nyerere Road

P.O Box 9656-00300, Nairobi

Email: training@versedpro.com

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