Executive Certificate Program on Public Finance Management
September 12 @ 8:00 am - September 17 @ 5:00 pm
All government officials and staff from development agencies. The course is particularly relevant for mid-level to senior officials in ministries of finance, treasuries, debt management offices, ministries of economy, or financial planning divisions in line ministries. It is also targeted at officials involved in capacity strengthening functions related to public financial management (PFM).
The training is designed for participants who already have a basic understanding of PFM systems and builds on that knowledge at an intermediate level. Basic understanding of PFM systems would be helpful.
This course provides an overview of PFM systems, institutions, and capacity building in developing and emerging market economies. It focuses on PFM issues in support of macroeconomic stability, inclusive growth, and achievement of the Sustainable Development Goals (SDGs). The training covers a wide range of topics and treats PFM as an integrated system rather than a collection of specialties. As such, it focuses on PFM priorities, reform objectives and implementation risks. The course is built on conceptual and practical approaches and includes beneficial information for ministers of finance, practitioners, and other stakeholders from many countries.
Upon completion of this course, participants should be able to:
- Explain why PFM is an important tool to implement public policies.
- Describe and analyze the budget cycle and its main components.
- Describe a simple medium-term budget framework, a cash management plan, and a public investment management reform strategy.
- Identify tools for the effective management of fiscal risks, components of fiscal transparency, reliable fiscal reports, and internal and external audits.
- Identify issues relevant to the prioritization and sequencing of PFM reforms, and the challenges faced in implementing such reforms.
- Explain how civil society, public participation, and supreme audit institutions keep governments accountable.
- Describe the role of local conditions and political institutions in designing and implementing reforms.
- Budget preparation: Creates top-down and bottom-up budgets from central government to department/agency to division to program to specific expenditure.
- Performance Metrics and Measurement: Develops performance metrics to track, aggregate and analyze against government and departmental mandates and goals.
- Budget Execution and Forecasting: Develops input, output and outcome performance metrics tied to departmental/agency and government mandates and goals.
- Public Accounting and Budgetary Classification: Classifies accounting and budget categories to be used for budget analysis and reporting.
- Aid Management: Links and collaborates with external aid partners and supports the integration of “off budget” information.
- Performance Improvement and Linkages: Recommends improvements based on changing priorities or performance metrics and links to budget items.
- Collaborative Planning: Organization plans, approvals and performance analysis.
Gregg Pavitt: With More than 25 years of experience developing and managing Public Financial Management (PFM/IFMS) systems, budgeting and financial tracking mechanisms. Mr. Pavitt is an accomplished international program and project manager. He is also expert on public expenditure management, budgeting, accounting, procurement, internal audit & long-term budget, financial and capital planning for governments, projects, and programs with up to a five-year horizon. In addition, he is well versed on Capacity building, training, development of manuals, financial reporting, templates and tools for cash management, procurement, reconciliation, etc. for both developed and developing country clients.
Contact us via email for registration and fees: firstname.lastname@example.org