Background

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.

Course Aim

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.

Course Contents

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. 

 

Duration

The program will be implemented for three working days .

 

Date

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

S.N	Name	Designation	Project /Office
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