Course Overview:
This 5-day training course provides participants with an in-depth understanding of managing grants using the Sun Accounting System. Designed specifically for organizations handling donor funds, this course covers essential modules on tracking grant income, managing budgets, monitoring expenses, and generating reports to ensure compliance and transparency. Through hands-on exercises, participants will gain practical skills to leverage Sun Accounting’s tools for efficient grant management, optimizing financial operations, and meeting donor reporting requirements.
Course Duration:
5 Days
Target Audience:
- Grant managers and administrators
- Finance and accounting professionals in NGOs and donor-funded projects
- Project managers involved in grant-financed initiatives
- Compliance officers in non-profit organizations
- Individuals seeking to implement Sun Accounting for grant management
Personal Impact:
- Develop expertise in managing and reporting on grant-funded projects within Sun Accounting.
- Increase accuracy in tracking grant income and expenditures.
- Enhance reporting capabilities for compliance with donor requirements.
Organizational Impact:
- Improve transparency and accountability in grant management processes.
- Streamline financial operations for grant-funded activities.
- Strengthen compliance with donor reporting and audit standards.
Course Outline
Course Objectives:
By the end of this course, participants will be able to:
- Set up and configure grant accounts in the Sun Accounting System.
- Track grant income, allocate budgets, and monitor expenses.
- Generate customized reports for donor compliance and audits.
- Use Sun Accounting for efficient budgeting, forecasting, and financial planning.
- Ensure transparent and compliant grant management.
Course Modules
Course Outline:
Module 1: Introduction to Grant Management and Sun Accounting
- Overview of grant management fundamentals
- Introduction to the Sun Accounting System for grant management
- Setting up grant accounts and donor profiles
- Practical Exercise: Configuring grant accounts in Sun Accounting
Module 2: Budgeting and Financial Planning for Grants
- Creating and managing grant budgets within Sun Accounting
- Allocating funds and tracking spending against budget allocations
- Adjusting budgets based on donor requirements and project changes
- Case Study: Budget setup and financial planning for a grant-funded project
Module 3: Tracking Grant Income and Expenditures
- Recording grant income and tracking fund allocation
- Monitoring project expenditures and categorizing expenses
- Ensuring compliance with donor restrictions on fund usage
- Practical Exercise: Tracking income and expenses in a simulated grant project
Module 4: Reporting and Compliance with Donor Requirements
- Generating reports for donor compliance and audits
- Customizing reports to meet specific donor requirements
- Reviewing financial statements for transparency and accuracy
- Case Study: Creating a donor-compliant report in Sun Accounting
Module 5: Financial Audits and Forecasting for Grants
- Preparing for grant audits and ensuring data accuracy
- Forecasting project expenses and managing fund utilization
- Utilizing Sun Accounting for multi-period financial planning
- Real-life Project: Conducting a financial review and forecast for a grant project
Related Courses
Course Administration Details
Methodology
These instructor-led training sessions are delivered using a blended learning approach and include presentations, guided practical exercises, web-based tutorials, and group work. Our facilitators are seasoned industry experts with years of experience as professionals and trainers in these fields. All facilitation and course materials are offered in English. Participants should be reasonably proficient in the language.
Accreditation
Upon successful completion of this training, participants will be issued an Indepth Research Institute (IRES) certificate certified by the National Industrial Training Authority (NITA).
Training Venue
The training will be held at IRES Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch. All participants will additionally cater to their travel expenses, visa application, insurance, and other personal expenses.
Accommodation and Airport Transfer
Accommodation and Airport Transfer are arranged upon request. For reservations contact the Training Officer.
Tailor-Made
This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our IRES Training Centre or at a convenient location. For further inquiries, please contact us on:
Payment
Payment should be transferred to the IRES account through a bank on or before the start of the course. Send proof of payment to [email protected]
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