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Public Financial Management

Overview

The public sector requires a high standard of financial management in order to be effective in service delivery and the enhancement of economic development.  Officers in-charge of managing finance need to have the necessary skills, which should be sharpened continuously.  This course has been designed to equip participants with the necessary knowledge, skills and attitude to enable their organisations perform effectively.

Who to Attend

Policy Makers, Financial Practitioners and Managers responsible for financial and resource management.

Objectives

The objectives of the course are, to:

  • Enable participants to acquire the knowledge of modern public financial management practices.
  • Equip the participants with the skills to review the resource allocation, budgeting, and financial control mechanism within their organisations.
  • Enable participants to ensure that financial resources are better planned, controlled and used in ways that are consistent with their organisational priorities.

Outline

  • Overview of Public Financial Management.
  • Government Planning and Budgeting
  • Medium-Term Expenditure Frameworks (MTEF) and Planning.
  • The Principles of Good Governance in a Modern Public Sector.
  • Ethics and the Conduct of Corporate Activities.
  • Effective Resource Allocation in Support of the Strategic Objectives of Organization.
  • Policy-Based Budgeting and Controls linked to MTEF, outputs and outcomes.
  • Accounting, Recording, Monitoring and Reporting.
  • Proactive Budget Management.
  • Government Accounting and Auditing.
  • International Public Sector Accounting Standards (IPSAS).
  • External Scrutiny and Audit.
  • Tax and Revenue Management.
  • Debt Management.
  • Capital Market and Public Financial Management.
  • Financial Policy and Property.
  • Fiscal Responsibility and Public Financial Management.
  • Procurement in the Public Sector.
  • Public-Private Partnership (PPP) Projects.
  • Comparative Public Financial Management.
  • PPP Projects: Build Operate and Transfer(BOT) Model

Fees

Location and Price:  

London, UK: $3500

US: $3000

Turkey, Rwanda, India, Dubai,Brazil, South Africa: $2500

Ghana, Nigeria:  $2000

Online: $500 - $1000

Duration: 1 week for offshore classes, 2 - 4 weeks for online classes