Description
Date
1st Batch: 3rd – 5th Feb, 2025
2nd Batch: 28th – 30th Apr, 2025
3rd Batch: 17th – 19th July, 2025
4th Batch: 2nd – 4th Oct, 2025
Event Details
The objective of this Public Finance Management and Administration training is to help you acquire in-depth knowledge in the area of Public Financial Management and Public Administration.
By the end of this training, you will be able to:
- Understand the Public Financial Management (PFM) cycle
- Understand the Budget Preparation Strategy
- Understand the risks involved in Budget Execution
- Implement the Internal Control Policies in Budget Execution
- Evaluate the policies implemented and take corrective actions
CONTENT
Introduction to Public Financial Management (PFM)
- Public Financial Management Framework
- Objectives of Public Financial Management
- Fiscal Policy
- Budget Cycle
Budget Strategy
- Budgeting and budgeting techniques
- Revenue management
- Project management
Budget Formulation
- Annual Budget
- Medium-Term Budget
Budget Approval
- Legislative Approval
- PFM Act
- Legal Aspects of Budget Approval
Budget Execution
- Budget execution strategy
- Budget execution cycle
- Cash planning
- Debt management
- Procurement
Accounting & Internal Control
- Financial Management Information Systems
- Accounting aspects – Accrual and Cash basis IPSAS
- Internal Control Policies
- Internal Audit
External Audit
- Supreme Audit Institutions
- International Auditing Standards
- Fiscal Councils
- Legislature Oversight
- Public Participation
Budget Evaluation
- Budget Feedback
- Comparing Actuals vs Budgets
- Fiscal Transparency
- Updating the Budget Strategy
TRAINING METHODOLOGY
The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result, participants will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.
