39 SACCO managers trained on financial accounting, reporting and analysis and on internal control and audit

The training aimed to equip them with basics of internal control and auditing to help them; Understanding the internal control & auditing for Microfinance Institutions and The process of internal control and auditing so as they will perform as expected.

In details the training taught them:

  1. To understand internal controls in MFIs
  2. To perform the internal control process
  3. To conduct risk management
  4. To apply internal audit methodology
  5. To carry out audit procedures
  6. To be familiar with internal audit tools
  7. Accounting for MFIs
  8. Roles and responsibilities of accountants and managers
  9. Introduction on financial accounting
  10. Overview of Financial reports/ statement
  11. SACCO accounting transactions (cash, bank, loan, tax…)
  12. Accounting in automated SACCOs
  13. Overview on financial analysis