Finance Management Capacity Building Training

Spark Social

The curriculum must be tailored to the general needs of local civil society organisations and should cover the following core areas:

• Financial Systems and Internal Controls: Designing and improving financial systems, segregation of duties, and approval workflows.
• Bookkeeping and Accounting: Double-entry bookkeeping, chart of accounts, journal entries, and reconciliation processes.
• Financial Reporting: Preparing and interpreting key financial statements (Balance Sheet, Income Statement, Cash Flow) and ensuring donor compliance.
• Budgeting and Cash Management: Budget development, variance analysis, cash flow forecasting, and best practices for petty cash and bank management.
• Procurement and Documentation: Understanding of procurement compliance, supporting documentation, and allowable costs.
• Local Compliance: Clarification on relevant Iraq Labor Law (remuneration, benefits, social security) and fraud prevention measures.

Key Deliverables

• A detailed training agenda and methodology submitted for SPARK s approval prior to the training.
• All training materials (presentations, handouts, exercises) provided in digital and hard copy formats.
• Delivery of a 3-day interactive training in Sulaymaniyah.
• Pre- and post-training knowledge assessments to measure participant learning.
• A final training report summarizing activities, participant attendance, pre/post assessment results, key observations, and recommendations for future capacity building.