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- Duration / Course length: 4 Days
- Starting Date: Enquire About It
- Timings: Enquire
Course details
Day OneContext of Public Financial Management
This provides an overview of the major dimensions of the internal and external context of PFM as well as the policy, macroeconomic and fiscal context. The unit ends by examining the revenue side with focus on the basic principles of tax policy and tax administration. of the basic principles of tax policy.
Day Two
Concepts, Objectives and Systems
Introduction to the basic concepts and objectives of PFM before examining budget types, budgeting systems and classifications. It also considers budget coverage and the impact of the government’s financial actions on the future fiscal situation of the country.
Day Three
The “Upstream” Stages: Preparing the Budget
To budget is to choose, and the fundamental basis of a good budget preparation is thus an “availability” approach rather than a “needs” approach.
This module explores the process of budget preparation, including the role of the legislature. It also explains the need for a multiyear fiscal perspective, mainly in order to assure its sustainability avoid short-sighted decisions and provide a financial perspective against which to decide major changes in government policy. .
Day Four
Assessing and Developing PFM Systems
The final module describes and explains Public Expenditure and Financial Accountability (PEFA) using the PEFA Performance Measurement Framework.
Updated on 16 May, 2024
Eligibility / Requirements
There are no eligibility requirements to attend this course.
About Convertas
CONVERTAS is a reliable advisory firm, helping organizations develop their activities to align with their objectives adopting the best practices.
Our trainings and workshops cover all areas of business including Management,Soft Skills and Human Resourses Management, Marketing and Sales, Accounting and Finance, Procurement and Logistics, targeting organizations, managers and employees. Whether in-house or public, trainings are organized with the highest qualified trainers.
Our methodology relies more on the use of audio-visual impact which is more effective than the lecture style. Presentations, videos and simulations methods have proven to be very effective for people to remember.
Moreover, doing and teaching are the best vehicles for learning and remembering. This includes involving the trainee in the teaching process by interacting, through completing worksheets and inciting to explain and present what is acquired.
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