Public Financial Management: Aiming for excellence

About the workshop
If they are to achieve the outcomes their citizens require, public sector organisations need to take a strategic approach to applying their resources optimally. Our Public Financial Management workshops focus on helping you to develop financial strategies that are coherent and targeted at achieving your objectives. We will examine how resources can be effectively planned, monitored and controlled.

What the workshop will cover
• Good practice in public financial management
• How to make use of Medium-Term Expenditure Frameworks (MTEF)
• Implementing effective budget management
• Capital budgeting and the links to sound asset management
• The effective application of digital technologies
• Financial implications of environmental, social and governance (ESG) factors
• Reporting requirements and the importance of in-year reporting
• An introduction to International Accounting Standards (IPSAS and IFRS)
• Financial risk management
• Contingency financial planning for crises such as environmental emergencies or pandemics
• External scrutiny and audit
• Understanding treasury management and the critical importance of cash.

How participants will benefit
It will enable you to:
• Implement stable planning and budgeting frameworks to assist financial management, effectiveness and propriety
• Understand the role of managers and accountants in financial management
• Support management boards and the political/managerial processes more effectively
• Appreciate the corporate governance implications of better management of resources
• Assist in implementing improved medium-term financial planning and budgeting
• Link the role of budgeting to risk management, performance management and resource allocation
• Help your organisation to plan for sustainability requirements
• Understand the principles, challenges and benefits of International Accounting Standards
• Understand the requirements of donor organisations.