[PT2021] TRAINING INVITATION ON GRANT MANAGEMENT USING INFOR SUN ACCOUNTING SYSTEM
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TRAINING
COURSE ON GRANT MANAGEMENT USING INFOR SUN ACCOUNTING SYSTEM
Introduction
Effective
grant management is critical to ensuring the success of projects funded by
grants. Organizations handling grant-funded initiatives require robust systems
to track budgets, manage expenditures, and generate accurate reports to meet
donor requirements. The Infor Sun Accounting System is a
powerful, flexible financial management tool designed to streamline these
processes. This course, Grant Management Using Infor Sun Accounting
System, equips participants with the skills to utilize this system for
seamless grant administration and compliance. This training program combines
practical, hands-on sessions with theoretical insights to ensure participants
gain a comprehensive understanding of the system. From setting up grant accounts
to monitoring fund utilization, the course covers every aspect of grant
management. Participants will also learn to automate repetitive tasks, enhance
reporting accuracy, and comply with stringent donor reporting
standards.
Duration
10
days
REGISTER
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HERE
Course
Objectives
Understand
the key functionalities of the Infor Sun Accounting
System.
Learn
to set up and configure grant accounts within the
system.
Gain
proficiency in budgeting and financial planning for
grants.
Monitor
and track grant expenditure against budget allocations.
Generate
financial reports tailored to donor requirements.
Ensure
compliance with grant agreements and financial
regulations.
Automate
processes to reduce errors and enhance efficiency.
Manage
multi-currency transactions and global projects.
Learn
techniques for audit readiness and donor
accountability.
Strengthen
decision-making with data-driven insights from system
reports.
Organizational
Benefits
Improved
efficiency in managing grant funds and budgets.
Enhanced
compliance with donor requirements and financial
regulations.
Reduced
financial errors through automation and robust
controls.
Streamlined
reporting processes, saving time and resources.
Increased
transparency and accountability in financial
management.
Enhanced
capacity to manage multiple grants simultaneously.
Better
audit readiness, minimizing risks of donor penalties.
Strengthened
relationships with donors through accurate and timely
reporting.
Improved
resource allocation, maximizing grant impact.
Empowered
staff with advanced financial management skills.
Target
Participants
Finance
and grant managers handling donor-funded projects.
Program
managers responsible for overseeing grant
implementation.
Accountants
and finance officers in NGOs, nonprofits, and government
organizations.
Compliance
officers ensuring adherence to donor requirements.
Auditors
and consultants specializing in grant-funded
programs.
Course
Outline
Module
1: Introduction to Infor Sun Accounting System
Overview
of the system and its relevance in grant management.
Key
features and benefits for financial administration.
Navigating
the system interface.
Setting
up organizational profiles and preferences.
Case
Study: Introduction to a nonprofit’s grant management
challenges.
Module
2: Setting Up Grant Accounts
Configuring
grant accounts for new projects.
Linking
funding sources to projects.
Allocating
budgets to project components.
Setting
up multi-currency options for international grants.
Case
Study: Creating grant accounts for a multi-donor
initiative.
Module
3: Budgeting and Financial Planning
Preparing
detailed grant budgets.
Allocating
indirect costs and overheads.
Monitoring
budget variances and revisions.
Forecasting
financial needs for project sustainability.
Case
Study: Developing a budget for a health project
grant.
Module
4: Expense Tracking and Reconciliation
Recording
and categorizing project expenditures.
Reconciling
grant expenditures with approved budgets.
Managing
expense adjustments and reclassifications.
Identifying
discrepancies in financial records.
Case
Study: Expense reconciliation for a disaster relief
program.
Module
5: Financial Reporting
Generating
standard financial reports in the system.
Customizing
reports for specific donor requirements.
Analyzing
financial performance of grant projects.
Ensuring
data accuracy in report generation.
Case
Study: Preparing donor-specific financial reports for an education
project.
Module
6: Multi-Currency and Global Project Management
Setting
up and managing multi-currency accounts.
Tracking
international transactions and exchange rates.
Allocating
funds across global project sites.
Consolidating
financial data from multiple locations.
Case
Study: Managing funds for a global conservation
program.
Module
7: Compliance and Audit Readiness
Understanding
donor compliance requirements.
Preparing
for internal and external audits.
Managing
documentation for audit trails.
Responding
to audit queries effectively.
Case
Study: Audit readiness for a humanitarian aid
project.
Module
8: Internal Controls and Fraud Prevention
Implementing
internal controls in grant management.
Identifying
and mitigating financial risks.
Monitoring
user access and system security.
Detecting
and addressing irregularities in transactions.
Case
Study: Strengthening controls for a community development
project.
Module
9: Automation and Process Optimization
Automating
repetitive tasks such as expense tracking and
reporting.
Streamlining
workflows for grant approvals.
Reducing
manual errors through system integration.
Enhancing
collaboration across project teams.
Case
Study: Process optimization in a rural development
project.
Module
10: Advanced Reporting and Decision Support
Utilizing
advanced analytics for financial insights.
Visualizing
data trends to support decision-making.
Setting
up dashboards for real-time grant monitoring.
Forecasting
future grant requirements and impacts.
Case
Study: Data-driven decision-making for a food security
program.
Certification
Upon
successful completion of this course, participants will be issued a
certificate.
.
Methodology
This
course employs a participatory and hands-on approach to ensure practical
learning, including:
Interactive
lectures and presentations.
Group
discussions and brainstorming sessions.
Hands-on
exercises using real-world datasets.
Role-playing
and scenario-based simulations.
Analysis
of case studies to bridge theory and practice.
Peer-to-peer
learning and networking.
Expert-led
Q&A sessions.
Continuous
feedback and personalized guidance.
Register
as a group from 3 participants for a Discount
Send
us an email: info at datastatresearch.org or
call +254724527104
Certification
Upon
successful completion of this training, participants will be issued with a
globally- recognized certificate.
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