Key Actions by:

Financial management

The financial management standards focus on ensuring that all staff involved in project budgeting and financial management understand the expectations and requirements for effective financial management.

These standards promote coordination and communication among programming, operations (particularly procurement and supply chain management), and finance department staff, with support from country program leadership. The financial management standards emphasize the importance of establishing clarity in financial management roles, responsibilities, and processes; working closely with partners throughout the project cycle; and ensuring that timely and accurate project financial information is available for use in project management decision‐making.