Public Financial Management

Public Financial Management

Public Financial Management (PFM) refers to the practice of managing public funds by governments. The practice aims to make it  transparent, as well as effective with accountability and efficiency. The practice involves activities to plan, monitor, implement and report public expenditures and revenues by budgeting, financial reporting, procurement, and auditing.

A certification in Public Financial Management attests to your skills and knowledge in managing public sector finances. The certification assess you in budget preparation, expenditure control, and fiscal policy implementation.

Why is Public Financial Management certification important?

• The certification validates your skills and knowledge of managing public finances.
• Increases your credibility in public administration.
• Boosts your career prospects.
• Validates your knowledge of budget planning and financial reporting.
• Attests to your knowledge of international PFM standards.
• Verifies your skills in resource allocation and fiscal accountability.
• Makes you stand out from competitors in job market.
  

Who should take the Public Financial Management Exam?

• Public Finance Officers
• Budget Analysts
• Government Accountants
• Financial Controllers in Public Sector
• Fiscal Policy Advisors
• Auditors in Public Institutions
• Procurement Managers
• Treasury Managers
• Development Program Managers
• Financial Consultants for Government Projects

Public Financial Management Certification Course Outline
The course outline for Public Financial Management certification is as below -

 

Introduction to Public Financial Management

Budgeting and Expenditure Management

Revenue Management

Public Procurement

Financial Reporting and Analysis

Auditing and Internal Controls

Fiscal Policy and Public Debt Management

Use of Technology in PFM

International Standards and Best Practices

Ethics and Accountability in Public Financial Management