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Training Course on Advanced Public Financial Management and Administration

Finance-Management-Cycle-in-Public-and-Privet-Sector-of-the-Economy

About The Course

Course Description

What is Public Financial Management? Public Financial Management (PFM) means managing the finances of a public sector entity such as the National Government or State Government or any Government ministries, agencies, departments or local governments. The nature and size of expenditure in governments are changing rapidly. As a professional working in the public sector, you must be aware of the principles of Public Financial Management (PFM) because your role serves as a cornerstone in Public Financial Management.

This Phoenix Center for Policy, Research and Training course will empower participants in obtaining an in-depth and comprehensive knowledge of theoretical as well as practical aspects of Public Financial Management.

Course Objectives

Upon the successful completion of this Training Course on Advanced Public Financial Management and Administration, participants 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

Training Methodology

The course is designed to be highly interactive, challenging and stimulating. It will be an instructor led training and will be delivered using a blended learning approach comprising of presentations, discussions, guided sessions of practical exercise, case study review, web-based tutorials, group work and exploration of relevant issues. Our facilitators are seasoned industry professionals with years of expertise in their chosen fields. Experiential knowledge is also given equal importance within the format of training. All facilitation and course materials will be offered in English.

Who Should Attend?

This Training Course on Advanced Public Financial Management and Administration would be suitable for, but not limited to Accountants working in the Government and Other Public Sector Entities, Auditors working in Supreme Audit Institutions, Diplomats, Envois, Ambassadors and Policy Makers in the Public sector

Course Content

Module 1 – Introduction to Public Financial Management (PFM)

  • Public Financial Management Framework
  • Objectives of Public Financial Management
  • Fiscal Policy
  • Budget Cycle

Module 2 – Budget Strategy

  • Budgeting and budgeting techniques
  • Revenue management
  • Project management

Module 3 – Budget Formulation

  • Annual Budget
  • Medium-Term Budget

Module 4 – Budget Approval

  • Legislative Approval
  • PFM Act
  • Legal Aspects of Budget Approval

Module 5 – Budget Execution

  • Budget execution strategy
  • Budget execution cycle
  • Cash planning
  • Debt management
  • Procurement

Module 6 – Accounting & Internal Control

  • Financial Management Information Systems
  • Accounting aspects – Accrual and Cash basis IPSAS
  • Internal Control Policies
  • Internal Audit

Module 7 – External Audit

  • Supreme Audit Institutions
  • International Auditing Standards
  • Fiscal Councils
  • Legislature Oversight
  • Public Participation

Module 8 – Budget Evaluation

  • Budget Feedback
  • Comparing Actuals vs Budgets
  • Fiscal Transparency
  • Updating the Budget Strategy

Requirements

  • Participants should be reasonably proficient in English.
  • Applicants must live up to Phoenix Center for Policy, Research and Training admission criteria.

NOTE

  1. Discounts: Organizations sponsoring Four Participants will have the 5th attend Free
  2. What is catered for by the Course Fees: Fees cater for all requirements for the training – Learning materials, Lunches, Teas, Snacks and Certification. All participants will additionally cater for their travel and accommodation expenses, visa application, insurance, and other personal expenses.
  3. Certificate Awarded: Participants are awarded Certificates of Participation at the end of the training.
  4. The program content shown here is for guidance purposes only. Our continuous course improvement process may lead to changes in topics and course structure.
  5. Approval of Course: Our Programs are NITA Participating organizations can therefore claim reimbursement on fees paid in accordance with NITA Rules.

How to Book: Simply send an email to the Training Officer on training@phoenixtrainingcenter.com and we will send you a registration form. We advise you to book early to avoid missing a seat to this training.

Or call us on +254720272325 / +254737566961

Payment Options: We provide 3 payment options, choose one for your convenience, and kindly make payments at least 5 days before the Training start date to reserve your seat:

  1. Groups of 5 People and Above – Cheque Payments to: Phoenix Center for Policy, Research and Training Limited should be paid in advance, 5 days to the training.
  2. Invoice: We can send a bill directly to you or your company.
  3. Deposit directly into Bank Account (Account details provided upon request)

Cancellation Policy

  1. Payment for all courses includes a registration fee, which is non-refundable, and equals 15% of the total sum of the course fee.
  2. Participants may cancel attendance 14 days or more prior to the training commencement date.
  3. No refunds will be made 14 days or less before the training commencement date. However, participants who are unable to attend may opt to attend a similar training course at a later date or send a substitute participant provided the participation criteria have been met.

Tailor Made Courses

This training course can also be customized for your institution upon request for a minimum of 5 participants. You can have it conducted at our Training Centre or at a convenient location.

For further inquiries, please contact us on Tel: +254720272325 / +254737566961 or Email training@phoenixtrainingcenter.com  

Accommodation: Accommodation is arranged upon request and at extra cost. For reservations contact the Training Officer on Email: training@phoenixtrainingcenter.com or on Tel: +254720272325 / +254737566961

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Start To Learn

5 Days

Certificate

Course Duration

5 Days

Course Price

USD 990

Training Calendar

2024 Training Calendar

Start Date
End Date
Location
Register
1-Apr-20245-Apr-2024Nairobihttps://rb.gy/tb38zt
15-Apr-202419-Apr-2024Nairobihttps://rb.gy/tb38zt
29-Apr-20243-May-2024Nairobihttps://rb.gy/tb38zt
13-May-202417-May-2024Nairobihttps://rb.gy/tb38zt
27-May-202431-May-2024Nairobihttps://rb.gy/tb38zt
10-Jun-202414-Jun-2024Nairobihttps://rb.gy/tb38zt
24-Jun-202428-Jun-2024Nairobihttps://rb.gy/tb38zt
8-Jul-202412-Jul-2024Nairobihttps://rb.gy/tb38zt
22-Jul-202426-Jul-2024Nairobihttps://rb.gy/tb38zt
5-Aug-20249-Aug-2024Nairobihttps://rb.gy/tb38zt
19-Aug-202423-Aug-2024Nairobihttps://rb.gy/tb38zt
2-Sep-20246-Sep-2024Nairobihttps://rb.gy/tb38zt
16-Sep-202420-Sep-2024Nairobihttps://rb.gy/tb38zt
30-Sep-20244-Oct-2024Nairobihttps://rb.gy/tb38zt
14-Oct-202418-Oct-2024Nairobihttps://rb.gy/tb38zt
28-Oct-20241-Nov-2024Nairobihttps://rb.gy/tb38zt
11-Nov-202415-Nov-2024Nairobihttps://rb.gy/tb38zt
25-Nov-202429-Nov-2024Nairobihttps://rb.gy/tb38zt
9-Dec-202413-Dec-2024Nairobihttps://rb.gy/tb38zt
16-Dec-202420-Dec-2024Nairobihttps://rb.gy/tb38zt