THIRD FINANCIAL MANAGEMENT TRAINING FOR AWDF GRANTEES IN
LAGOS, NIGERIA
16 – 18 AUGUST, 2016
“I am once more excited that The African Women’s Development Fund (AWDF) is able to organise this important training with support from Comic Relief. Since 2014, thirty-six (36) organisations have benefited from our Finance Management Skills Trainings. Of these, 22 have already reported steps put in place toward sound financial systems. As feminist grant makers we understand the need for accountability and results and therefore work towards building robust organisations by investing in human resource development of our grantees. This skills enhancement training on finance management for finance officers and managers in Nigeria is one of the ways by which we do this.” Nafi Chinery, Capacity Building Programme Specialist, AWDF
Second Financial Management Training held in 2015 in Uganda.
The Capacity Building Unit of AWDF is organising its third Finance Management Training programme for finance officers and managers of grantee organisations. This skills enhancement training will be held from 16 – 18th August 2016 in Lagos, Nigeria.
This training forms part of AWDF’s mandate to provide technical skills to grantees in order to ensure sound and prudent financial management of resources for results in their organisations.
The three-day (3) training will bring together nineteen (19) finance managers and officers from twelve (12) grantee organisations from seven (7) states in Nigeria including Lagos, Akwa Ibom and Gombe states. The training will cover budgets and cash flow projections, grant management, internal controls and checks, compliance with statutory requirements, and financial reporting among others.
It is our hope that participants will gain insights and skills into developing sound financial systems that meet minimum international standards for any financial management including donor reporting. Below are some expectations expressed by some participants ahead of the Lagos training.
“My main expectation from the training is to gain additional best practice procedures to include in our Financial and Accounting Manual which is currently being developed. I expect to strengthen my knowledge on NGO regular financial recording and management.” Ms. Joy Ngwakwe, Executive Director at Centre for Advancement of Development Right (CEADER) in Lagos.
“Knowing the logic in allowable and unallowable expenditures and developing the ability to analyse financial reports as well as develop skills in prudent financial resource management” Lucy Auwalu, Executive Director, Women and Children of Hope Foundation, Lagos.
To learn financial management best practices that will promote HELIN in her dealing with donors and how to harmonise the management of finances from diverse donors.” Doris Brendan, Executive Director, Heal the Land Initiative Nigeria (HELIN), Uyo
AWDF Financial Management training in Lagos:
Today, Day-1 was very rich and enlightening for me. I have learnt so much about the importance of a board being functionally active in decision making as outlined by Bye-laws of the Organisation. Also, so much on Planing activities early and they should relate to the intentions of the Organisation for the year. Organisations should have proper and effective internal control processes.
AWDF Financial Training in Lagos
I have learnt a lot during these two days. I have learnt accounting records that must be put in place, the importance of the board to be more involved in our financial activities and the procurement processes that must be in place. In fact, AWDF are not only funders but they are developers. I am very grateful