Certificate in Public Financial Management (Cert PFM)

The course is built around the public financial management cycle:

  • Planning and budgeting
  • Budget execution
  • Accounting and reporting
  • Audit, governance and oversight

1.     Introduction to Public Financial Management

  • What is Public Financial Management?
  • Differences between the public and private sector
  • Overview of the public financial management cycle

2.    Planning and Budgeting

  • Government and the economy
  • Policy making
  • Funding public services
  • Budgeting and budgeting techniques
  • Revenue management
  • Project management

3.    Budget Execution

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

4.    Accounting and Reporting

  • Accounting standards
  • Accounting procedures
  • Financial statements

5.    Audit, Governance and Oversight

  • Auditing standards
  • Audit procedures
  • Types of audit
  • Governance
  • Ethics