As part of its Peer Humanitarian Partners (PHPs) Capacity Strengthening Plan, PHALS organized a two-day Financial Management Training on 21–22 June 2026 in Cox’s Bazar. The training brought together 15 participants, including 8 female and 7 male representatives from three Peer Humanitarian Partners (PHPs), Asta Foundation, Ornab Cox’s Bazar and Suzala Mahila Samiti (SMS) with the aim of strengthening financial management systems, improving compliance practices, and enhancing organizational accountability. The training featured a combination of presentations, practical exercises, group work, and experience sharing facilitated by PHALS staff and external financial management experts. On the first day, sessions were facilitated by Mr. Proshanta Mittra, Assistant Director – Finance & Admin, Mr. Md. Eakub, Finance and Accounts Officer of PHALS, and Mr. Jahirul Islam, Financial Specialist from FIVDB. Topics covered included accounting methods and principles, donor compliance requirements, cash and bank management, financial documentation and filing systems, internal control mechanisms, fraud risk mitigation, and financial reporting practices. The second day focused on strengthening participants’ understanding of compliance, budgeting, and statutory financial requirements. Mr. Shaikat Mallick, Deputy Manager of BRAC, facilitated sessions on procurement rules, compliance requirements, and audit preparedness. Mr. Basanta Saha, Manager – Sub Grants, BRAC, led an interactive session on budget development techniques and guided participants through practical exercises on preparing sample project budgets. Mr. Razumul Islam from BRAC facilitated sessions on VAT and Tax compliance, including hands-on exercises to enhance participants’ understanding of applicable regulatory requirements. The training concluded with a session on budget monitoring and tracking, budget variance analysis, and budget performance review facilitated by Mr. Proshanta Mittra, Assistant Director – Finance & Administration, PHALS, enabling participants to strengthen their capacity in monitoring financial performance and making informed financial management decisions. The Executive Director of PHALS emphasized the importance of transparency, accountability, and sound financial management practices for local organizations and expressed appreciation to Malteser International for supporting the capacity strengthening of local humanitarian partners. Through this initiative, PHALS reaffirmed its commitment to enhancing the financial management capacities of local actors to ensure accountable and effective humanitarian action.