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Effective Budgeting Management and Monitoring/Control in the Organization

The effective budget management and monitoring/control in the organization is important to ensure that the organization has a good financial management which is transparent and accountable to donors.

VBNK has conducted training course on the practical ways to develop budget plan and monitoring on 12th – 13th March 2020 at CCHR office, Phnom Penh. There are 23 participants (10 women) who participated in the two-days training facilitated by VBNK`s Senior Consultant (Mr. Lay Channdara) and (Ms. Pech SreyLeak) Programmed Administrative Officer.

The consultant delivered the training by incorporating group discussion, knowledge and experience sharing, practical exercises, etc.

  • The objective is to enhance participants` knowledge and skills on (1) the process of developing  budget plan; (2) technical different tools of planning, monitoring and financial management such as how to monitor cashflow for organization; (3) accounting system; and (4) organizational compliance with Cambodia laws and regulations.

Participants quotes during the training:

Ms. Chor Chanthyda, CCHR`s Program Manager, the practicing on budget proposal such as creating budget plan and template with detail activities in excel format are very helpful and practical for daily work. The consultant effectively explained the key terms for clearer understanding which allows her to get the most out of the training course.

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