How to Prepare a Financial Statement

Illustration -© Mohamed Hassan | Pixabay

About this tutorial

You are a EUKI funding recipient and have to prepare your quarterly financial statement. In this video tutorial series, we will give you information on how to fill in the GIZ template, illustrated by an exemplary project.

What topics does this tutorial cover?

  • Using the GIZ template for your financial statement and where to find the latest version
  • How to fill out the covering note (3d)
  • Learning about the budget categories: External expertise, Staff, Travel/Transportation, Training costs, Procurement of Goods and other costs and consumables
  • How to fill out the „totals per category“ sheet (3f)
  • How to report the costs of implementing partners (forwarding of funds)
  • General information you need to pay attention to when preparing your financial statement

What will you achieve?

This tutorial will help you to:

  • Understand the logic of the excel template for financial statements
  • Receive an overview of the differences between the budget categories
  • Inform the implementing partners about the quality of the records/documentation they have to provide
  • Prepare your financial statements correctly

What‘s the duration of this tutorial?

34 min in 11 short videos

Who will you learn with?

This tutorial has been created by Lisa Berkenkötter and Sarah Siemering from the EUKI finance team.