Ethiopia - Financial management of cooperatives and farmers' organisations Agriterra considers healthy financial management of its clients as core condition for succesfull operations and business planning. In 2014 and 2015 it has developed a specific financial management training package. The year 2015 has been baptised the year of financial management. Agriterra want to roll out further this training package and solution to its clients and business advisors by implementing four financial management programs in East-Africa, Ethiopia, Andes Region and South-East Asia.
he complete content of this training course is the result of a long and laborious process headed and promoted by Agriterra, in collaboration with the British organization Mango (www.mango.org.uk) and the independent consultant Jaime de Alfonso. The proposal set forth is to provide support and help improve the financial management of agricultural cooperatives. The following program is the result of Agriterra's representation in Peru through Bas Prins and the different training experiences with agricultural cooperatives in different parts of the world (including Tanzania in March 2010). Its main components are: • The "what, why and who" of financial management for agricultural cooperatives. • How to achieve good practices in financial management: the fundamental principles such as:• Drafting and effective use of budgets, including budgets by departments and consolidated budgets as well as cash flow forecasts and financing plans. • What accounting records should your cooperative have and why? • Budgeting and accounting basic expenses of the central administration• Budget monitoring and control, drafting and using budget monitoring reports • Interpret the general balance sheet. How to make sense of the annual financial statements?• Asset protection - Internal control and procedure systems. • Direct the audit process• Strengthen the communication between the Board of Directors and the Management Staff. (...less...)results • Four 5-day FMTs conducted of which 2 in Amhara and 2 in Oromia.• Consolidated report about the findings of the 4 trainings. Report should consist of: reflection of the trainer about the training, feedback of participants, suggestions for adjustments of the training and suggestions for follow-up.

This project will cover the following financial management related projects in the year 2016:- 2 Basic FMTs (5 days per FMT, and 4 organizations per FMT)- 2 strategic FMTs (3 days per FMT, and 4 organizations per FMT)
2017:- 2 Basic FMTs (5 days per FMT, and 4 organizations per FMT)- 1 strategic FMTs (3 days per FMT, and 4 organizations per FMT)
2018:- 2 Basic FMTs (5 days per FMT, and 4 organizations per FMT)- 2 strategic FMTs (3 days per FMT, and 4 organizations per FMT)

2016 conduct:
- 2 Basic FMTs (5 days per FMT, and 4 organizations per FMT)- 2 strategic FMTs (3 days per FMT, and 4 organizations per FMT)
2017 conduct:
- 2 Basic FMTs (5 days per FMT, and 4 organizations per FMT)- 1 strategic FMTs (3 days per FMT, and 4 organizations per FMT)
2018 conduct:
- 2 Basic FMTs (5 days per FMT, and 4 organizations per FMT)- 2 strategic FMTs (3 days per FMT, and 4 organizations per FMT)