Delivering results from investment projects and programs are vital for the development of a nation. Good financial management promotes overall fiscal discipline and efficient allocation of resources to priority needs. It also ensures that all transactions and balances relating to the project are recorded correctly and completely so that accurate and timely financial reporting and auditing are enabled.
Financial auditing is one of the key activities of financial management. In the case of ADB funded projects, there is a provision to submit audited project financial statements within the certain time period. It is mandatory for ADB assisted projects to disclose the audit report on the ADB’s website for enhancing transparency.
In this regard, the training program on financial management has been designed for effective implementation of financial management with special focus on preparing project financial statement.
The aim of this course is to enhance the financial management knowledge and skills of the participants. with special focus on preparing project financial statement.
Objectives of the Course
At the end of this training program, participants are expected to be able to:
· understand financial management concepts, including ADB’s requirements; and
· prepare project financial statement.
The training course will be organized to deliver the following contents:
· Financial management requirements and project cycle
· Financial reporting and auditing requirements
· Project completion and loan closure
· Loan disbursement procedure
· Advance account ledger
· Loan and grant financial information system
· Financial covenants and audit observation
Training Approach and Methodology
Adult learning principles will be used to facilitate the learning of the participants. Particularly, interactive presentation, brainstorming, group exercises and presentation will be used to make participants able to prepare audited project financial statement.
The program will be implemented for three working days .
11 - 13 Ashwin 2078 (27 - 29 September 2021)
Time and Venue
10:00 am to 03:30 pm; Kailash Hall
Training Management Team
Mr. Shiva Hari Adhikari
Dr. Shyan Kirat Rai
Mr. Shashi Shekhar Acharya
Name List of Participants
|1||Shree Prasad Dahal||Account Officer||PID/KUKL|
|2||Laxman Bhatta||Computer Operator||PID/KUKL|
|3||Namakala Gri||Senior Account Assistant||PID/KUKL|
|4||Surya Aryal||Under Secretary||Melamchi water Supply|
|5||Sanish Byanjankar||Finance Assistant||Melamchi water Supply|
|6||Surendra Ghimire||Computer Operator||Project Directorate (ADB)|
|7||Basant Sharma||Account Officer||Urban Water Supply and Sanitation Sector Project|
|8||Romakanta Kaphle||Under Secretary (Account)||Rural Enterprise Financing (MOF)|
|9||Rishikesh Rijal||Account Officer||Regional Urban Development|
|10||Dhirendra Paudel||Accountant||Regional Urban Development|
|11||Bhim Pokhrel||Account Officer||Disaster Resilience of Schools|
|12||Niranjan Koirala||Accountant||Disaster Resilience of Schools|
|13||Sangam Dulal||FMS||Alternative Energy Promotion Center (AEPC)|
|14||Yuba Raj Bhattrai||Account Officer||Rural Connectivity Improvement|
|15||Bhoj Raj Paudel||Under Secretary (Account)||Bagmati River Basin Improvement|
|16||Tribhuvan Khanal||Account Officer||Bagmati River Basin Improvement|
|17||Sangita Yadav||FM consultant||Bagmati River Basin Improvement|
|18||Bharat Aryal||Account Officer||South Asia Subregional Economic Cooperation Airport Capacity Enhancement Project|
|19||Nahakul Thapa||Account Officer||Priority River Basins Flood Risk Management|
|20||Mahendra Karki||Accountant||Priority River Basins Flood Risk Management|
|21||Shankar Datta Bhatta||Under Secretary (Account)||Department of Hydrology and Meteorology|
|22||Rita Bhattrai||Accountant||Department of Hydrology and Meteorology|
|23||Niranjan Maharjan||Accountant||Ministry of Health and Population/ Responsive COVID-19 Vaccines for Recovery Project under the Asia Pacific|
|24||Roshan Shrestha||Program Officer||Ministry of Health and Population/ Responsive COVID-19 Vaccines for Recovery Project under the Asia Pacific|