GRANT

Grants are specialized non-repayable funding award by the government and/or non-governmental organizations for the provision of specific project of public-interest in the form of research, provision of social amenities or improvement of economic fortune. These funds need specialized accounting practices to ensure compliance to regulations, accountability in accordance with agreements and deliverable-outcome reporting. Grant accounting are deep rooted specialized financial management subject that ensures focused tracking, compliance to complex rules and regulations and financial accuracy. The book is grant- specific and discussed the entire lifecycle of grant from pre-award stage to the post-award period with detail implementation and strategic requirements to closeout.

The book helps demistify difficulty in grant funding and management in a manner that Grant Managers appreciate the logic of making informed output-oriented decision that enhance targeted objective deliverables. The concepts explains efficiency in the fund management process and therories.