Training on Public Financial Management and Administration

Public Financial Management (PFM) is the backbone of effective governance, ensuring that public resources are allocated, spent, and reported in a transparent, accountable, and efficient manner. Strong PFM systems enable governments to maintain fiscal discipline, deliver quality public services, achieve policy objectives, and build public trust. Weak financial controls, poor budgeting, or limited oversight can undermine service delivery and fiscal sustainability.

This 5-day course provides a comprehensive understanding of public financial management and administration within national and subnational governments, ministries, departments, and public agencies. Participants will explore core components of PFM, including public budgeting, revenue management, expenditure control, public sector accounting, internal controls, auditing, fiscal policy, and financial reporting.

The course emphasizes transparency, accountability frameworks, performance-based budgeting, and sound financial governance practices. Participants will gain practical knowledge of tools and mechanisms used to strengthen financial oversight, enhance service delivery, and ensure compliance with public finance laws and regulations.

Through case studies, group exercises, and real-world examples, participants will develop the skills needed to improve financial planning, manage public resources effectively, and support sustainable fiscal management within government institutions.

By the end of the program, learners will be able to apply PFM principles, strengthen financial governance systems, enhance accountability mechanisms, and contribute to improved public sector performance.

Duration

5 Days

Who Should Attend

• Government officials involved in financial management and administration
• Public sector finance managers and officers
• Policy makers and advisors
• Professionals working in public finance institutions
• Auditors and accountants in the public sector
• Development agency staff involved in public financial management initiatives

Organizational Impact

• Improves financial integrity and governance.

• Enhances public trust and accountability.

• Boosts the organization's reputation and credibility with regulators and citizens.

Personal Impact

• Provides an in-demand skill set for a career in public finance.

• Is crucial for career progression into senior leadership and advisory roles.

• Builds the confidence to champion robust and transparent financial practices.

By the end of this course, participants will:

• Understand the principles and components of public financial management.
• Develop and implement effective budgeting and financial planning processes.
• Manage public revenues and expenditures efficiently.
• Ensure accountability and transparency in financial reporting.
• Apply best practices in financial administration within the public sector.
• Analyze and improve financial management systems and processes.
• Enhance their capacity to address financial challenges in the public sector.

Module 1: Introduction to Public Financial Management

• Overview of public financial management.
• Key principles and components.
• Legal and institutional frameworks.
• Role of financial management in public administration.

Module 2: Budgeting and Financial Planning

• Budget preparation and approval processes.
• Types of budgets (operating, capital, and program budgets).
• Techniques for effective financial planning.
• Forecasting and resource allocation.

Module 3: Revenue Management

• Revenue generation and collection strategies.
• Taxation policies and administration.
• Non-tax revenue sources.
• Financial controls and compliance.

Module 4: Expenditure Control and Financial Reporting

• Expenditure management and control mechanisms.
• Cash and debt management.
• Financial reporting standards and practices.
• Auditing and accountability in the public sector.

Module 5: Enhancing Public Financial Management Systems

• Evaluation of current financial management systems.
• Best practices and reforms in public financial management.
• Use of technology in financial management.
• Case studies and practical applications.