UNOPS-PR held a one-day training on financial capacity building in Myin Gyan (27 August). Its aim was to support and strengthen the functional capacity of SRs, especially local NGOs, to maximize grant effectiveness and efficiency. The training’s focus was on strengthening skills and processes related to finance and programme management through coaching, mentoring and training. It included sessions on different areas of internal control: why it is important; human resources management; inventory and asset management; procurement and purchasing management; monitoring and evaluation; record management; internal versus external audit; and audit dos and don’ts.
Khin Nyein Thit, UNOPS-PR Capacity Building Officer, explained why these trainings are carried out. “The training aims to build the financial management capacity of local partners. It highlights the requirements of the financial processes, and the related risks and regulations. Participants’ feedback is very important for improving future trainings. We have seen practical results from this kind of training. In 2016, one of our local NGO partners, the Myanmar Health Assistant Association (MHAA), achieved zero audit observations, and in 2015, the Myanmar Council of Churches (MCC), achieved zero audit observations,” she said, highlighting previous achievements.