Preparing a quality financial report

1
Preparing a quality financial report

• Importance of accurate/ correct financial
  reporting became apparent
• Good practice to work with LFA beforehand to
  define the inputs/evidence required
• Cash forecasts details of the composition and
  assumptions should be conveyed to the LFA and the
  Global Fund
• Linkage of financial and programmatic data

2
Preparing a quality financial report

• Need to consider modifications for special
  circumstances such as CFMs
• Proper budgeting and detailed understanding of
  the budget and related activities by programme
  managers emphasised
• Comments on key contributors to variances against
  original budget enable an understanding of the
  programme progress and issues