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Study Tours and Training Programs

Strategies for Financial Accountability and Transparency

Dates: May 24 - Jun 4, 2010 (two weeks)
Cost: $5,900 ($4900 for early registration)
Location: Storrs, Connecticut, United States

Overview
logo for financial accountability programGood governance through transparency promotes economic development and poverty alleviation and accountability through effective financial management will result in transparency; however, corrupt practices are often the result of weak financial management systems.

The aim of this two week program, which entails aspects of financial management, transparency and social entrepreneurship, is to introduce participants to the importance of effective and accountable use of public and donor funds through:

  • capacity building
  • development of strategies, objectives and measures that give more accountable service
  • improved transparency through the reduction of corrupt practices as well as building of trust.
The course program will end with a two day conference designed to help participants develop innovative business plans to positively impact their communities. This course is designed for non-finance public officials, business leaders and managers.

When you finish this course you will be able to:

  1. Lead and manage a team or business unit from a financial perspective;
  2. Plan a new venture by developing a budget and understanding how to track performance;
  3. Recommend policies, develop and use management measures to improve transparency and accountability, promote integrity and reduce corruption;
  4. Motivate staff, colleagues and the public to co-operate and participate in good governance;
  5. Understand measures used in other countries, choose and adapt measures for your organization, and set priorities;
  6. Present the business case for undertaking and/or continuing corporate social responsibility initiatives in this economic turmoil.

Course content:

  • Week I
    Interpreting financial statements
    Developing effective internal reporting systems
    Communications in financial reporting
    Managing working capital
    Evaluating financial performance
  • Week II
    The ethical foundations for good governance
    The causes, nature and consequences of corruption
    Cultural differences and their relevance to ethics and corruption
    Using technology to reduce corrupt practices
    Improving accountability and transparency through delegation
  • Social Entrepreneurship Conference
    Linking welfare and organizational success
    Integrating corporate social responsibility best practices into key business areas
    Demonstrating how corporate social responsibility practices affect individuals and departments
    Communicating the impact of social responsibility to capital markets, shareholders, and other stakeholders

Tuition includes transportion from/to Bradley Airport in CT, field trips, class materials, a book on social entrepreneurship, a certificate of participation, and lodging at the Nathan Hale Inn at the UConn Main Campus in Storrs, CT.

An important feature that is built into all GTDI programs is the opportunity offered to participants to visit some of the most popular attractions in the United States such as New York City and Boston, MA. UConn-Storrs is situated uniquely near these two cities.

An early bird discount will be given to those who register and complete their payment by April 2, 2010. Additional discounts can be given to institutions and organizations that send more than three people. Please contact us at (1) 860-486-0873 or gtdi@uconn.edu for details. The deadline for registration and payment is April 16, 2010.

To enroll, please email fill out the registration form and fax to 001-860-486-0272. This program is limited to only 25 people to ensure that everyone can be given proper mentoring and guidance by the faculty. Registration is on a first come first serve basis.

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