Update: Innovative consulting tools from MaGC

PROJECT MANAGEMENT OF GRANT PROGRAMME FOR A LEADING EDUCATIONAL INSTITUTION IN CHENNAI

The Assignment
The assignment involved end-to-end management of a grant programme involving a multi-stage debate competition on behalf of a leading education institution in Chennai. The institution was the implementing partner of the grant along with the Chennai office of the diplomatic body that had provided the grant.

MaGC Approach and Methodology
There were two elements to the assignment viz., management of grant fund (financial) and management of the competition(operations). MaGC’s approach to the financial element was to adhere fully to the rules and requirements of the diplomatic body with regards to the grant application, budget preparation and reporting of expenditures. MaGC’s approach to the operational element was to prepare extensive checklists based on previous experience and directly control and coordinate the logistics of the project as per the checklists.

The Output
The final outputs consisted of several statutory financial and non-financial reports that were submitted by the institution to the diplomatic body, documentation related to the competition as well as an independent Project Management Report to the diplomatic body.

SS_Project-Management-of-grant-programme

More Recent Works

Preparation of a database of budgets of Municipal Corporations in India
Preparation of a database by digitizing Municipal Budgets for three financial years of forty-six large and medium Urban Local Bodies across India.
ERP implementation services for a leading manufacturer
ERP (SAP Business One) Implementation support for a leading Indian manufacturer and supplier of Polypropylene woven and non-woven bags.
Implementation of Ind-AS in SIPCOT
The assignment involved implementation of Ind-AS (equivalent of IFRS in India) in the State Industries Promotion Corporation of Tamil Nadu (SIPCOT), a company owned by the Government of Tamil Nadu, India.
Credit Control Mechanism for a large manufacturer
Designing a Credit Control Mechanism for managing accounts receivables for a large Indian manufacturer.
Restructuring the Local Loans Development Fund
Recommendations for restructuring the Local Loans Development Fund (LLDF), Sri Lanka
Preparation of Risk-based Internal Audit Manual in Bhutan
MaGC was appointed to prepare a Risk-Based Internal Audit Manual (RBIAM) for a Telecom Company in Bhutan.
Transition to accrual accounting and financial reporting system for an NPO in Bangalore
MaGC was appointed by a Bangalore based not-for-profit to assist in transition from cash basis accounting to accrual, with focus on design and implementation of a comprehensive financial reporting system.
Process Taxonomy for the Education Sector
ShikshaLokam is an initiative of Advaith Foundation, working towards developing education leadership on the Societal Platform.

Latest Social Media Post

  • The January 2022 edition of @institute The Institute of Chartered Accountants of India's e-journal 'The Chartered Accountant' featured an article on Public Finance Management written by our consultants CA. Praveena Raja and CA.
    2022
More Posts