Effective Internal Financial Controlling

Professional Training Workshop On

Effective Internal Financial Controlling

Date: 28-29 July 2012

Training Information:

• Course Title: Effective Internal Financial Controlling
• Language:  instruction in Khmer but slide presentation and handouts are in English
• Trainer: Professional trainer of PMCC (trainer profile is available up on request)
• Date: 28 –29 July 2012 (2 days)
• Time: 8:00 am – 5:00 pm
• Training Venue: Eden Park

Why should you attend this training?

• You need to prepare and implement cash count and reconciliation statement, bank reconciliation inventory control, and fixed assets control?
• Follow the process and procedure of authorization and approval control in the organization?
• You need to sharpen how the budget is prepared and implement accounting systems control in the organization?
• You need to develop the roles and responsibilities of each position in finance department?
• You need to practice using the checklist to review internal financial controls and report in the organization?

Who should attend?

To provide participants with effective skills in order to enable them to implement successfully jobs in the field of internal financial controlling. The course is designed for finance manager/officer, account manager/officer, accountant staff the ones who involved in managing finance for NGOs, company and MFIs. 

Course Objectives

By the end of 2 days professional training workshop the participants will be able to:

• Prepare and implement cash count and reconciliation statement, bank reconciliation inventory control, and fixed assets control
• Practice the process and procedure of authorization and approval control in the organization
• Sharpen how the budget is prepared and implement accounting systems control in the organization
• Develop the roles and responsibilities of each position in finance department
• Practice using the checklist to review internal financial controls and report in the organization

Course Contents

I- Types of Internal Control

• Bank reconciliation
• Cash count and reconciliation statement
• Fixed assets and Inventory
• Budgeting and financial reporting

II- Authorization and Approval Control

• Payroll transaction
• Daily payment vouchers
• Non-cash transactions
• Staff offer

III- Accounting System Controls

• On what basis (cash /accrual) is the process of bookkeeping
• Transactions recorded
• Accounting software

IV- Personnel Controls

• Preparation of a job description for internal financial control
• Job description for the finance manager of a development organization
• Annual updated job description among finance team

V- Using the checklist to review internal financial controls

• Person responsible for the review
• Scope of the review
• Preparation before the review
• Completing the checklist
• Procedures after the review

VI- Reviews Bearing Upon

• How to use the financial checklist with example of your organization
• Evaluation of checklist

Training Methodology

The training methodology will be focused on participatory approaches include: lecture, student-centered including brainstorming, role play, small group discussion with plenary presentation, plenary discussion, group work, team involvement in decision making, participants’ problems raised during the workshop for discussion, communication game and any other contributions will be held in high respect.

Training tools, materials and facilities

The LCD projector, flipcharts, posters, color papers, handouts, folders, pens, papers and other stationeries, especially, daily evaluation and final evaluation and other specific materials were used to present key learning concepts and structures and to make good environment for learning and to ensure the training run smoothly and efficiency.

Registration and Payment:

Training Fee: 149$ Special discount (only 99$) now!

Free: Training Hand book, Handouts, snacks, lunch and certificate (successful participants)

Deadline Registration: 21 July 2012

SPECIAL DELIVERY: If you register before deadline:

• Get 5%- discount for sending 1staff
• Get 10%- discount for sending 2-4 staff
• Get 1 Free for sending 5 or more staff

Please book your seat now! First come First served!

Future detailed information or registration:

PROJECT MANAGEMENT CENTER OF CAMBODIA (PMCC)

Mr Khunly Vichet, Training Coordinator

#134 AE1, St 430, TuolTum Pong2, Chamcamorn, Phnom Penh

Tel: 023 69 24 911

Mr Neang Rithy, Managing Director

Mobile: 012 43 36 23

Email: pmcc@pmcc-cambodia.org

Website: www.pmcc-cambodia.org

Training Agenda

Time	Sessions and Topics	Objectives	Activities
DAY 1
8:00 - 8:05	Introduction/Ice breaker	To get to know each other	Whole class activities
8:05 - 8:15	Pre-Test	To access the participants’ understanding regarding recruitment	Individual complete the pre-test
8:15 - 08:25	Course Objectives	To Clarify course objectives	Whole class activities
8:25 - 8:30	Ground Rule	To set up class ground rule by participants	Brainstorming
8:30 - 09:45	I-Types of Internal Control	To prepare and implement cash count and reconciliation statement, bank reconciliation inventory control, and fixed assets control	- Mini lecture - Ask the questions
09:45-10:00	Coffee Break	To relax and network	Free
10:00-10:30	II-Authorization and Approval Control	To practice the process and procedure of authorization and approval control in the organization	-Ask the questions -Case study
10:30-12:00	II-Authorization and Approval Control (Cont)	To practice the process and procedure of authorization and approval control in the organization	-Group discussion -Presentation
12:00-13:30	Lunch Break
13:30-13:40	Energize game	To refresh and enjoy	Whole class activities
13:40-15:00	III- Accounting System Controls	To sharpen how the budget is prepared and implement accounting systems control in the organization	-Group discussion -Presentation -Case study
15:00-15:15	Coffee Break	To relax and network	Free
15:15-16:50	III- Accounting System Controls (Cont)	To sharpen how the budget is prepared and implement accounting systems control in the organization	-Group discussion -Presentation
16:50-17:00	Wrap up and Daily Evaluation	To summarize what have learnt and feedback	Whole class activities
DAY 2
8:00 - 8:10	Recap	To review what have learnt yesterday	Ask and answer the questions
8:10 - 9:45	IV- Personnel Controls	To develop the roles and responsibilities of each position in finance department	-Small group discussion -Presentation
9:45 -10:00	Coffee Break	To relax and network	Free
10:00-12:00	IV- Personnel Controls (Cont)	To develop the roles and responsibilities of each position in finance department	- Small group discussion -Role Play
12:00-13:30	Lunch Break
13:30-13:40	Energize game	To refresh and enjoy	Whole class activates
13:40-15:00	V- Using the checklist to review internal financial controls	To practice using the checklist to review internal financial controls and report in the organization	-Small group discussion - Case study
15:00-15:15	Coffee Break	To relax and network	Free
15:15-16:30	VI- Reviews Bearing Upon	To practice using the checklist to review internal financial controls and report in the organization	- Mini-Lecture - Sample report
16:30-16:40	Wrap up	To summarize what have learnt	Ask the questions
16:40-16:50	Post Test	To Assess the progress of the Participants’ learning	Individual complete the post-test
16:50-17:00	Final evaluation and	To evaluate the whole training for two days	Whole class Activities
17:00-17:30	Closing Party	- Certificates celebration - Group photos -Refreshment/Snack	Free

NGOs, company and MFIs have the opportunity to participate in HR learning forum of PMCC in October 2012, for more detail information on www.pmcc-cambodia.org