Public Sector Financial Management Training Course

This course equips participants with the skills and knowledge to manage public sector finances effectively, ensuring accountability, transparency, and value for money in the use of public resources. It covers budgeting, financial reporting, auditing, performance management, and compliance with public financial management (PFM) frameworks. Participants will gain practical insights into modern reforms and best practices that enhance fiscal discipline and strengthen governance in the public sector.

Target Groups

• Public sector finance and accounting officers
• Government auditors and controllers
• Budget and planning officers
• Policy makers and regulators
• Consultants in public financial management
• NGO and donor agency finance staff
• Students pursuing public administration or finance

Course Objectives
By the end of this course, participants will be able to:

1. Understand the principles and frameworks of public financial management (PFM).
2. Prepare, monitor, and evaluate government budgets.
3. Apply international public sector accounting standards (IPSAS).
4. Strengthen internal controls and accountability mechanisms.
5. Conduct audits and evaluations in the public sector context.
6. Manage donor funds and ensure compliance with requirements.
7. Implement performance-based budgeting and expenditure tracking.
8. Enhance transparency and combat corruption in financial management.
9. Use technology for efficiency in public sector financial systems.
10. Align public sector financial practices with sustainable development goals (SDGs).

Course Modules
Module 1: Introduction to Public Financial Management

• Objectives and importance of PFM
• Key stakeholders and governance structures

Module 2: Budgeting in the Public Sector

• Budget cycle and preparation process
• Medium-term expenditure frameworks (MTEF)

Module 3: Public Sector Accounting Standards

• Overview of IPSAS
• Transition from cash to accrual accounting

Module 4: Public Expenditure Management

• Expenditure controls and cash management
• Tracking and monitoring public spending

Module 5: Internal Controls & Accountability

• Role of internal audit in government
• Strengthening checks and balances

Module 6: Public Sector Auditing

• Types of audits in government
• Performance and compliance auditing

Module 7: Donor Fund & Grant Management

• Accountability for external funding
• Reporting requirements and compliance

Module 8: Performance-Based Budgeting

• Linking budgets to outcomes
• Monitoring and evaluation frameworks

Module 9: Transparency & Anti-Corruption Measures

• Open government initiatives
• Ethical leadership in public finance

Module 10: Future Trends in Public Sector Finance

• Digital transformation in PFM systems
• Public finance and sustainable development