Pideya Learning Academy

Public Financial Administration and Management

Upcoming Schedules

  • Live Online Training
  • Classroom Training

Date Venue Duration Fee (USD)
11 Aug - 15 Aug 2025 Live Online 5 Day 2750
01 Sep - 05 Sep 2025 Live Online 5 Day 2750
27 Oct - 31 Oct 2025 Live Online 5 Day 2750
24 Nov - 28 Nov 2025 Live Online 5 Day 2750
24 Feb - 28 Feb 2025 Live Online 5 Day 2750
31 Mar - 04 Apr 2025 Live Online 5 Day 2750
26 May - 30 May 2025 Live Online 5 Day 2750
23 Jun - 27 Jun 2025 Live Online 5 Day 2750

Course Overview

The Public Financial Administration and Management program by Pideya Learning Academy is meticulously crafted to provide participants with a robust understanding of public financial management (PFM) principles, practices, and applications. Public Financial Management is at the heart of governance and public administration, ensuring that public resources are planned, allocated, and utilized in alignment with policy priorities and societal needs. This comprehensive course empowers participants to navigate the complexities of fiscal management, implement strategic financial controls, and enhance organizational financial sustainability.
The importance of effective PFM cannot be overstated. According to a 2023 report by the International Monetary Fund (IMF), nearly 40% of global public expenditure is misallocated annually due to inefficient financial management practices. This highlights the critical need for skilled professionals who can ensure transparency, accountability, and optimal resource utilization within public sector entities. Governments worldwide face increasing fiscal pressures, including higher public expectations, complex policy mandates, and the demand for digital transformation in financial operations. This training addresses these challenges, equipping participants to excel in dynamic and demanding roles.
Participants of the Public Financial Administration and Management course will gain a holistic understanding of the PFM cycle, from budget planning and execution to fiscal oversight and accountability. With expert-led modules and interactive methodologies, this program ensures that participants are not only equipped with theoretical knowledge but also practical insights applicable across public sector organizations. Delivered by Pideya Learning Academy, the training is designed to be relevant, engaging, and impactful.
Key highlights of this transformative program include:
Comprehensive Understanding of PFM: Participants will explore the foundational principles and advanced applications of public financial management, enabling them to address fiscal challenges effectively.
Strategic Budgeting and Planning: Learn to develop strategic budget plans that align with organizational goals and respond to real-world financial dynamics.
Risk Management and Internal Controls: Gain expertise in identifying financial risks and implementing robust internal control mechanisms to ensure fiscal discipline.
Policy Development and Fiscal Sustainability: Understand the intricacies of crafting policies that foster financial sustainability and public trust.
Cutting-Edge Trends in PFM: Stay ahead by exploring emerging trends such as digital transformation, big data analytics, and climate-sensitive budgeting.
Global Standards and Best Practices: Acquire knowledge of international standards and best practices in public financial management, ensuring global competitiveness.
Engaging and Interactive Learning: Experience an innovative and participant-focused training methodology that blends real-world scenarios with interactive group discussions for maximum retention.
This course caters to a wide array of public sector professionals, including accountants, auditors, policymakers, and diplomats, each of whom plays a crucial role in upholding fiscal integrity. By attending, participants will gain actionable insights to drive positive change in their organizations, improve fiscal outcomes, and meet the demands of today’s governance challenges.
The Public Financial Administration and Management training by Pideya Learning Academy is your gateway to mastering the art of public financial management and achieving excellence in public sector finance. With a strategic and forward-looking curriculum, this program ensures that participants are well-prepared to lead financial transformation in their respective fields. Enroll today and take the next step in enhancing your expertise and contributing to the sustainable growth of public sector financial management systems.

Key Takeaways:

  • Comprehensive Understanding of PFM: Participants will explore the foundational principles and advanced applications of public financial management, enabling them to address fiscal challenges effectively.
  • Strategic Budgeting and Planning: Learn to develop strategic budget plans that align with organizational goals and respond to real-world financial dynamics.
  • Risk Management and Internal Controls: Gain expertise in identifying financial risks and implementing robust internal control mechanisms to ensure fiscal discipline.
  • Policy Development and Fiscal Sustainability: Understand the intricacies of crafting policies that foster financial sustainability and public trust.
  • Cutting-Edge Trends in PFM: Stay ahead by exploring emerging trends such as digital transformation, big data analytics, and climate-sensitive budgeting.
  • Global Standards and Best Practices: Acquire knowledge of international standards and best practices in public financial management, ensuring global competitiveness.
  • Engaging and Interactive Learning: Experience an innovative and participant-focused training methodology that blends real-world scenarios with interactive group discussions for maximum retention.
  • Comprehensive Understanding of PFM: Participants will explore the foundational principles and advanced applications of public financial management, enabling them to address fiscal challenges effectively.
  • Strategic Budgeting and Planning: Learn to develop strategic budget plans that align with organizational goals and respond to real-world financial dynamics.
  • Risk Management and Internal Controls: Gain expertise in identifying financial risks and implementing robust internal control mechanisms to ensure fiscal discipline.
  • Policy Development and Fiscal Sustainability: Understand the intricacies of crafting policies that foster financial sustainability and public trust.
  • Cutting-Edge Trends in PFM: Stay ahead by exploring emerging trends such as digital transformation, big data analytics, and climate-sensitive budgeting.
  • Global Standards and Best Practices: Acquire knowledge of international standards and best practices in public financial management, ensuring global competitiveness.
  • Engaging and Interactive Learning: Experience an innovative and participant-focused training methodology that blends real-world scenarios with interactive group discussions for maximum retention.

Course Objectives

After completing this Pideya Learning Academy training, participants will learn to:
Analyze and understand the entire Public Financial Management (PFM) cycle.
Develop effective budget preparation strategies.
Identify and mitigate risks associated with budget execution.
Implement robust internal control policies for budget execution.
Evaluate and refine financial policies to ensure continuous improvement.

Personal Benefits

Participants of this training will benefit by:
Gaining expertise in interpreting and analyzing financial activity reports.
Learning to plan, set, and manage budgets effectively.
Delivering higher value for money in their respective services.
Developing confidence in discussing financial issues with colleagues and senior management.
Identifying and addressing financial risks proactively.

Organisational Benefits

Who Should Attend

This course is ideal for professionals involved in public financial management, including:
Accountants working in government and public sector entities.
Auditors affiliated with Supreme Audit Institutions.
Diplomats, envoys, and ambassadors.
Policymakers in the public sector.
Pideya Learning Academy’s Public Financial Administration and Management is your pathway to mastering the intricacies of public sector finance and driving excellence in governance.

Course Outline

Module 1 – Introduction to Public Financial Management (PFM)
Public Financial Management Framework Objectives of Public Financial Management Principles of Public Finance Overview of Fiscal Policy The Budget Cycle Role of Stakeholders in PFM
Module 2 – Fiscal Policy and Macroeconomic Management
Principles of Fiscal Policy Balancing Fiscal Discipline and Growth Macroeconomic Frameworks and PFM Fiscal Deficits and Public Debt Management Stabilization Tools in Fiscal Policy
Module 3 – Budget Strategy and Planning
Strategic Budgeting Approaches Revenue Forecasting Techniques Linking Budgets to Organizational Goals Scenario Planning in Budgeting Long-Term Financial Planning
Module 4 – Budget Formulation
Steps in Budget Preparation Annual Budget Development Medium-Term Expenditure Framework (MTEF) Risk Management in Budget Formulation Participatory Budgeting
Module 5 – Budget Approval
Legislative Approval Process Roles of Parliamentary Committees in Budget Approval Public Financial Management Act Overview Legal and Regulatory Aspects of Budget Approval Stakeholder Engagement in Budget Approval
Module 6 – Budget Execution and Monitoring
Budget Execution Strategies Phases of Budget Execution Expenditure Controls and Reporting Cash Management and Forecasting Procurement and Contract Management Contingency Planning and Adjustments
Module 7 – Accounting and Internal Controls
Financial Management Information Systems (FMIS) Accrual vs. Cash Basis Accounting International Public Sector Accounting Standards (IPSAS) Designing and Implementing Internal Controls Role of Internal Audits in PFM
Module 8 – Debt and Treasury Management
Principles of Public Debt Management Debt Sustainability Analysis Treasury Operations and Cash Management Sovereign Debt Reporting Standards Managing Risks in Debt Portfolios
Module 9 – External Audit and Oversight
Supreme Audit Institutions (SAIs) and Their Functions International Standards on Auditing (ISAs) Role of Fiscal Councils in Oversight Legislative Oversight Mechanisms Public Participation in Budget Monitoring
Module 10 – Budget Evaluation and Reporting
Methods of Budget Evaluation Analyzing Budgeted vs. Actual Expenditures Fiscal Transparency and Accountability Practices Feedback Mechanisms for Budget Improvement Preparing Comprehensive Budget Reports
Module 11 – Public Sector Governance and Ethics
Governance in Public Financial Management Ethical Considerations in PFM Combating Corruption in Financial Management Transparency and Accountability Mechanisms Role of Leadership in PFM
Module 12 – Risk Management in Public Finance
Identifying and Assessing Financial Risks Risk Mitigation Strategies in PFM Managing Contingent Liabilities Crisis Management in Public Finance
Module 13 – Emerging Trends in Public Financial Management
Digital Transformation in PFM Big Data and Analytics in Budgeting Integration of Artificial Intelligence in PFM Climate-Sensitive Budgeting and Green Financing Global Best Practices in PFM These modules provide a structured and comprehensive framework, ensuring participants acquire the essential knowledge and skills required to excel in Public Financial Management.

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