21 Nov 22-25 Nov 22 (London, UK), 01 Aug 22-05 Aug 22 (London, UK), 16 May 22-20 May 22 (Dubai, UAE),

Course Overview

High standards of financial management are central to all other reforms in the public sector. Prospective donors attach growing importance to effective financial management systems.

 

The aim of this programme is to help countries pass these tests by increasing and deepening knowledge of good financial management practices throughout their public sector community. It is designed for policy makers, financial practitioners and line managers with financial and resource management responsibilities.

 

Participants and their organisations will benefit from increased knowledge of modern, public financial management practices and the high standards expected of the public sector. With this knowledge, participants will be able to review the resource allocation mechanisms and budgetary and financial controls within their organisations and ensure that resources are better planned and controlled and are consistent with political priorities.

Learning Outcome

You will be able to understand:

• The importance of a stable planning and budgeting framework to economic and financial management, propriety and efficiency in the public sector
• The need for medium-term financial planning and how effective planning and budgeting should work in the public sector
• The role of budgeting in performance management and resource allocation

Indicative Contents

• The key elements of and evolutions within sound public financial management systems
•  Medium-term Expenditure Frameworks (MTEF) and planning
• The principles of good governance in a modern public sector, including institutional arrangements and organisational responsibilities for Public Financial Management (PFM)
• Effective resource allocation in support of the strategic objectives of the organization
• Policy-based budgeting and controls linked to MTEF and to outputs and outcomes
• Accounting, recording, monitoring and reporting
• Proactive budget management
• External scrutiny and audit
• Tax and revenue management
• Debt management
• Financial probity and propriety

More Detail
Duration	This is a one-week programme spread over 5 working days
Certification	A certificate of completion is issued on the successful completion of the programme.
Location	(London, UK), (London, UK), (Dubai, UAE)
Travel and accommodation	Travel and accommodation to be paid for at source by delegates.
Fees	£3,750 (Excl. VAT) per delegate for 1 week.