Advanced Public Financial Management Systems Training Course

Advanced Public Financial Management Systems Training Course

Introduction

Effective public financial management (PFM) is the cornerstone of sustainable economic growth, fiscal discipline, and transparent governance. Advanced Public Financial Management Systems Training Course is meticulously designed to empower financial managers, policy-makers, and public sector leaders with advanced skills in budget formulation, expenditure control, revenue mobilization, and performance auditing. This program blends global best practices with innovative financial technology applications, enabling participants to enhance efficiency, accountability, and results-based management in public finance.

In today’s dynamic economic environment, governments and public institutions must adopt cutting-edge financial management systems that integrate digital transformation, data analytics, and strategic resource allocation. This course equips participants with the tools to design, implement, and monitor effective PFM frameworks that comply with international standards while addressing local fiscal challenges. By mastering budgetary reforms, procurement systems, internal controls, and financial risk management, participants will drive sustainable development and improve service delivery outcomes.

Course Objectives

1. Strengthen budget formulation and resource allocation strategies.
2. Enhance public sector revenue mobilization through innovative tax policies.
3. Improve expenditure control and financial discipline mechanisms.
4. Implement results-based budgeting for performance-oriented governance.
5. Apply financial risk management in public sector contexts.
6. Upgrade public procurement systems for efficiency and transparency.
7. Utilize digital financial management systems for automation and integration.
8. Strengthen internal audit and compliance frameworks.
9. Apply public debt management strategies to ensure fiscal sustainability.
10. Enhance financial reporting in line with international public sector accounting standards (IPSAS).
11. Incorporate data analytics for evidence-based financial decisions.
12. Improve stakeholder engagement in financial planning and accountability.
13. Foster anti-corruption practices through transparent PFM processes.

Target Audience

1. Government financial managers
2. Public sector accountants and auditors
3. Budget officers
4. Treasury officials
5. Public procurement specialists
6. Development project managers
7. Policy-makers in finance ministries
8. Financial systems IT specialists

Course Duration: 10 days

Course Modules

Module 1: Foundations of Advanced Public Financial Management

• Overview of modern PFM frameworks
• Key principles and global trends
• Role of governance in financial management
• Interrelationship between PFM and economic growth
• Challenges in developing and emerging economies
• Case Study: Comparing PFM reforms in Rwanda and Singapore

Module 2: Strategic Budget Formulation

• Medium-term expenditure frameworks
• Performance-based budgeting approaches
• Linking policy objectives to budget allocations
• Participatory budgeting methods
• Budget negotiation and approval processes
• Case Study: Kenya’s shift to program-based budgeting

Module 3: Revenue Mobilization Strategies

• Tax policy design and reform
• Non-tax revenue sources
• Enhancing revenue collection efficiency
• Combatting tax evasion and illicit flows
• Technology in revenue administration
• Case Study: Digital tax collection in Estonia

Module 4: Expenditure Control Mechanisms

• Commitment control systems
• Cash management frameworks
• Preventing over-expenditure
• Use of expenditure ceilings
• Role of IFMIS in expenditure control
• Case Study: Ghana’s adoption of expenditure commitment controls

Module 5: Results-Based Budgeting

• Linking budgets to outcomes
• Monitoring and evaluation systems
• Developing performance indicators
• Integrating SDGs into budgeting
• Stakeholder engagement in budget reviews
• Case Study: Results-based budgeting in South Korea

Module 6: Financial Risk Management in the Public Sector

• Identifying fiscal risks
• Risk assessment tools
• Contingency planning
• Insurance and risk-sharing mechanisms
• Impact of macroeconomic shocks
• Case Study: Managing fiscal risks in Chile’s sovereign wealth fund

Module 7: Public Procurement Systems

• Procurement planning and policy
• Competitive bidding processes
• E-procurement implementation
• Supplier evaluation and management
• Anti-corruption measures in procurement
• Case Study: Tanzania’s e-procurement reforms

Module 8: Internal Audit and Compliance

• Role of internal auditing in PFM
• Risk-based audit planning
• Audit reporting standards
• Compliance frameworks
• Oversight institutions and their mandates
• Case Study: Strengthening internal audit in Botswana

Module 9: Public Debt Management

• Debt sustainability analysis
• Domestic vs. external borrowing
• Debt servicing strategies
• Debt transparency requirements
• Legal frameworks for borrowing
• Case Study: Debt management reforms in the Philippines

Module 10: Financial Reporting and IPSAS Compliance

• Accrual vs. cash accounting
• IPSAS standards overview
• Preparing compliant financial statements
• Transition challenges to IPSAS
• Transparency in financial disclosures
• Case Study: IPSAS adoption in New Zealand

Module 11: Digital Transformation in PFM

• Role of technology in financial management
• Integrated Financial Management Information Systems (IFMIS)
• Blockchain for public finance
• Big data in budgeting and reporting
• Cybersecurity in financial systems
• Case Study: Blockchain in public finance in Dubai

Module 12: Data Analytics for Financial Decision-Making

• Data collection and validation
• Predictive analytics in budgeting
• Visualization of fiscal data
• AI applications in financial forecasting
• Decision-support dashboards
• Case Study: AI in public finance planning in Canada

Module 13: Anti-Corruption in Financial Management

• Identifying corruption risks
• Strengthening transparency measures
• Whistleblower protections
• Role of civil society oversight
• Open budget initiatives
• Case Study: Open budget transparency in Georgia

Module 14: Stakeholder Engagement in PFM

• Mapping key stakeholders
• Participatory planning processes
• Public consultations on budgets
• Feedback mechanisms
• Collaborative decision-making models
• Case Study: Participatory budgeting in Brazil

Module 15: International Best Practices in PFM

• Benchmarking global PFM systems
• Lessons from OECD countries
• Policy harmonization approaches
• Adapting best practices to local contexts
• Capacity-building strategies
• Case Study: OECD PFM framework applications

Training Methodology

• Interactive lectures and expert presentations
• Practical group exercises and simulations
• Real-life case study analysis and discussions
• Hands-on demonstrations of digital PFM tools
• Peer-to-peer learning and knowledge exchange
• Post-training action planning for workplace application

Register as a group from 3 participants for a Discount

Send us an email: info@datastatresearch.org or call +254724527104 

Certification

Upon successful completion of this training, participants will be issued with a globally- recognized certificate.

Tailor-Made Course

 We also offer tailor-made courses based on your needs.

Key Notes

a. The participant must be conversant with English.

b. Upon completion of training the participant will be issued with an Authorized Training Certificate

c. Course duration is flexible and the contents can be modified to fit any number of days.

d. The course fee includes facilitation training materials, 2 coffee breaks, buffet lunch and A Certificate upon successful completion of Training.

e. One-year post-training support Consultation and Coaching provided after the course.

f. Payment should be done at least a week before commence of the training, to DATASTAT CONSULTANCY LTD account, as indicated in the invoice so as to enable us prepare better for you.