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COURSE OUTLINE

In this seminar, participants will learn the basics of financial controls and performing a compliance audit consistent with donor requirements such as those performed under Circular A-133 for USAID funded projects and Global Fund projects.

 

Learn the key part of the compliance audit, which is, gaining an understanding of, assessing, and testing internal control over compliance.

 

Participants will learn the best practices in managing the financial and program aspects of donor funded projects.  

 

Accordingly, NGOs will be better equipped to meet donor requirementss thereby reducing the financial and reputational risks.  

 

In addition, having good internal controls can help ease the accreditation process of NGOs at PCNC, thereby maximizing the tax incentives from these donations.

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Mr Allan Palacio will share his invaluable experience in performing operatinal and compliance audits of various NGOs funded by USAID, AUSAID, and Global Fund, among others.

 

I. Role of Internal Audit and Risk Management

  • Understanding the Importance of your annual audit

  • The benefits of maintaining a good risk management process and internal controls

  • How the audit process can strengthen your organization

  • Common findings and isssues

 

II.  Risk Based Audit

  • COSO Framework

  • Assessment of risk

  • Type of control testing

 

III. Allowable costs and activities

  • Disallowed or questioned costs

  • Shared program costs

  • Indirect costs

  • Large transfers

 

IV. Period of availability

 

V. Cash Management

  • Drawdowns

  • Sub-recipient  advances

  • Bank reconciliation

 

 

VI. Reporting

  • Financial

  • Program

    • Output based

    • Outcome based

 

VII. Eligibility

  • Primary recipients

  • Secondary recipients

 

VIII. Procurement

 

IX. Program Income

 

X. Equipment & commodity

 

XI. Sub-recipient monitoring

  • Pre-award assessment

  • On-going monitoring

  • Project close-out

 

XII. Matching or level of effort

 

XIII. Special provisions 

Are you having challenges in complying with various donor requirements and in managing grants? How about difficulty in completing your PCNC accreditation?

 

Worry no more! This program will teach you the financial controls & risk-based audit approach that focuses on high risk areas of NGO operations, saving the organization from significant financial and reputational risks

  • IPPF

  • Governance, Risk & Control

  • Persuasion & collaboration

  • Internal audit delivery

Competency

  • Junior Auditors

  • Senior Auditors

  • Risk Officers

  • Compliance Officers

  • Accountants

Who should attend this Seminar?

Click here to read about Mr Allan Palacio

Meet your facilitator  

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Financial Controls & Internal Audit of Non-Governmental Organizations

March 30 & 31, 2015
Ascott Hotel Makati

Php 8,000

LIMITED SEATS ONLY. 
PRE-REGISTRATION REQUIRED

Avail of Php500 discount when you register online

CIASP provides in-house training programs upon request. For any queries, please contact Pol Mirafuentes:

E: PolMirafuentes@ciasp.com.ph 

T: (+63917) 837 2038

 

 

In-house seminar

Public-run seminar

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