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Advanced Financial Management

Advanced Financial Management

UK

2, March 2020

Egypt

1, June 2020

Mauritius

10, August 2020

Kenya

12, October 2020

Fees per participant

One Week
Two Weeks
$4000
$7500

Who should attend

Directors of Finance, Finance Controllers, Finance Officers, Project Accountants, Auditors, PFMU Heads & Team Members, Monitoring and Evaluation Officers and other Officers in charge of financial management and expenditure control related activities.

Why you should attend

There has been persistent and increasing pressure on government Ministries, Departments, and Agencies (MDAs) to be more accountable and transparent in their financial dealings. This position is due to the strong role finance plays in the development of any economy. Stakeholders are also in agreement that, no economy can run successfully without a sound financial system. This is because, financial management enables strategic planning, organising, directing, and controlling of financial undertakings in an organisation. Hence, financial experts in project management need to emphasize accountability through robust financial framework and operation.
The goal of this programme is to support financial managers in public and private organisations, project implementers, and project finance teams in designing, improving, and strengthening an effective approach to financial management systems. This study tour will provide clear guidance and clarifications on the role of financial management systems in budgetary and the entire project.

What you'll learn

Modern Approaches to Public Finance Management (PFM)

  • International Accounting Principles & Standards in the Public Sector
  • Fiscal Sustainability, Resource Mobilization and Allocation
  • Transparency, Integrity System, and Accountability in PFM
  • Best Practices in Financial Management
  • Fiduciary Risk Management
  • Payment and Expenditure Tracking Mechanisms
  • Auditing Tools and Techniques

Budget Management

  • Practical Approaches to Budget Planning & Implementation
  • Integrated Financial Performance Management and Performance Budgeting
  • Accountability-Driven Budget Performance Monitoring and Evaluation
  • Donor Budget Regulations and Requirement
  • Managing Change in Project Budget

Financial Reporting

  • Financial Reporting and Documentation Techniques
  • Financial management information systems (FMIS) in improving financial
  • reporting & accountability
  • Financial Statements Analysis: Income, Balance Sheet and Cash Flow
  • Experience Sharing

Learning Visits

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