Catalog

Financial Management and Analysis of Projects

E-mail or fax the Publications Unit at + 632 636 2648 to order the printed version of this publication. Applicable shipping cost will be charged. Guidelines, Handbooks, and Manuals On-line edition: Free of Charge Hardcopy price: $10.00 ISSN: 070305 Paperback (Publication Date: July 2005) In stock

ADB's Guidelines describe our policies, procedures, and approach governing the financial management of investment projects we finance. They contain modern business processes, and financial management and financial analysis practices that are in harmony with the practices of other multilateral development banks. The Guidelines provide ADB management, staff and borrowers with an understandable, comprehensive and transparent directory of standards of financial analysis and financial management for the implementation and operation of projects.

The Guidelines aims to enhance the quality of ADB's portfolio by:

• establishing the norms for financial analysis and financial management of revenue-earning and non-revenue-earning projects for use during the project cycle
• defining the financial management requirements for projects and project entities of borrowers, executing agencies and other organizations responsible for efficient use of funds provided by ADB
• explaining to borrowers the project and institutional financial performance requirements of ADB to achieve successful implementation and the sustainability of ongoing operations
• providing financial knowledge management for the guidance and training of ADB staff and borrowers
• providing ready access to ADB's project financial management requirements to all interested parties

View the document [ PDF: 2,842kb | 582 pages ]. To read, you need Acrobat.

Contents

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Foreword [ PDF: 63kb | 9 pages ]

1. Introduction to the Guidelines [ PDF: 75kb | 8 pages ]

1.1. Introduction

1.2. Rationale

1.3. Objectives

1.4. Structure

1.5. Project File

1.6. Guideline Updates

1.7. Roles of Financial Analysis Specialists and Financial Management Specialists

2. User Instructions [ PDF: 201kb | 12 pages ]

2.1. Overview

2.2. ADB Lending and Technical Assistance

2.3. Applying these Guidelines

2.4. Project Types and General Treatments

2.5. Overview of Project Processing Steps

2.6. Step 1: Identification and Early Preparation

2.7. Step 2: Loan Preparation

2.8. Step 3: Project Examination

2.9. Step 4: Loan Negotiations

2.10. Step 5: Project Implementation

2.11. Step 6: Project Completion

3. Preparing and Appraising Investment Project [ PDF: 291kb | 58 pages ]

3.1. Investment Projects Overview

3.2. Possible Investment Projects

3.3. Appraisal Checklists

3.4. Forecasting

3.5. Preparing Financial Benefit-Cost Analyses

3.6. Loan Covenants

3.7. ADB Reports

4. Financial Management of Executing Agencies [ PDF: 449kb | 95 pages ]

4.1. Financial Management Overview

4.2. Institutions and Systems

4.3. Financial Analysis

4.4. Measuring Performance

5. Reporting and Auditing [ PDF: 263kb | 49 pages ]

5.1. Financial Reporting and Auditing Overview

5.2. Accounting Standards and Policies

5.3. Financial Reporting

5.4. Auditing Standards and Auditor Engagement

5.5. Reviewing Financial Reports

5.6. Reviewing Auditors' Reports

6. Financial Institutions [ PDF: 177kb | 23 pages ]

6.1. Introduction and Overview

6.2. Reviewing FI Financial Management

6.3. FI Investments

6.4. Assessing FI Performance

6.5. Appraisal Checklist

6.6. FI Reporting and Auditing Issues

7. Knowledge Management [ PDF: 1,034kb | 206 pages ]

7.1. Useful Websites

7.2. Operations Manual (OM)

7.3. Project Administration Instructions (PAIs)

7.4. International Standards

7.5. International Accounting and Auditing Architecture

7.6. Financial Review Checklist for RRPs

7.7. Appraisal Checklist: Nonrevenue-Earning Project

7.8. Appraisal Checklist: Revenue-Earning Project

7.9. Appraisal Checklist: Private Sector Project

7.10. Appraisal Checklist: Financial Institution

7.11. Undertaking Sensitivity and Risk Analyses

7.12. Model Operating Covenants

7.13. Model Capital Structure Covenants

7.14. Model Liquidity Covenants

7.15. Commonly Used Ratios

7.16. Model Financial Statements: Service Organization

7.17. Model Financial Statements: Manufacturing Organization

7.18. Model Terms of Reference for an Auditor

7.19. Audit Report Questionnaire

Addendum [ PDF: 582kb | 98 pages ]

Revisions [ PDF: 223kb | 56 pages ]

Glossary [ PDF: 198kb | 51 pages ]

Topical Index [ PDF: 83kb | 15 pages ]