Format: Live instructor-led online training via Zoom / Microsoft Teams

Public Financial Management Training Course

The Public Financial Management Training Course is a comprehensive professional development program designed to equip government officials, finance professionals, project managers, auditors, accountants, development practitioners, and institutional leaders with practical skills and modern strategies for effective public financial planning, budgeting, expenditure management, accountability, and financial governance. In today’s rapidly evolving governance and economic environment, public institutions are increasingly expected to manage financial resources efficiently, transparently, and accountably to improve service delivery, strengthen public trust, and support sustainable development. This course provides participants with practical knowledge and advanced tools for managing public finances, improving budget performance, strengthening financial controls, enhancing accountability systems, and ensuring compliance with financial regulations and governance standards. The training integrates internationally recognized public financial management frameworks, budgeting principles, accounting standards, audit systems, and financial governance approaches aligned with modern public sector management practices.

The course focuses on strengthening participants’ ability to prepare budgets, manage public expenditures, monitor financial performance, strengthen internal controls, improve financial reporting, and support evidence-based financial decision-making. Participants will learn how to develop financial plans, implement budget control systems, manage procurement processes, conduct financial analysis, improve revenue management, and promote transparency and integrity within public institutions. This Public Financial Management Certification Training emphasizes practical learning through budgeting exercises, financial simulations, audit case studies, policy analysis, group discussions, and real-world public finance management scenarios that enable participants to build confidence and competence in managing public resources effectively. Participants will also gain valuable skills in risk management, compliance, procurement oversight, stakeholder engagement, monitoring and evaluation, and strategic financial leadership essential for successful public financial administration and institutional sustainability.

Governments, county administrations, NGOs, donor-funded projects, development agencies, and public institutions increasingly require competent professionals capable of strengthening financial accountability, improving budget utilization, reducing financial risks, and ensuring efficient allocation of public resources. This course equips participants with practical methodologies for fiscal planning, expenditure control, financial reporting, governance compliance, anti-corruption management, and performance-based budgeting. Participants will explore public financial management systems, treasury operations, audit and oversight mechanisms, procurement frameworks, financial risk management approaches, and digital financial systems that improve institutional effectiveness and sustainable development outcomes. The training also highlights the importance of ethical leadership, transparency, accountability, stakeholder confidence, and continuous improvement in achieving sound public financial governance.

By the end of the course, participants will have strengthened their competencies in budgeting, financial planning, accounting, auditing, expenditure management, governance compliance, and financial performance monitoring. They will gain practical skills in managing public funds, strengthening financial accountability systems, improving operational efficiency, preparing financial reports, conducting financial analysis, and supporting sustainable institutional development. The course is ideal for finance officers, accountants, auditors, government officials, project managers, NGO professionals, procurement officers, policy makers, development practitioners, and professionals involved in financial administration and public resource management. The program combines practical methodologies, analytical tools, simulations, leadership exercises, and case studies to ensure participants acquire impactful and applicable public financial management skills.

Course Objectives

1. Understand principles and frameworks of public financial management.
2. Strengthen budgeting, financial planning, and expenditure management skills.
3. Improve financial accountability, transparency, and governance practices.
4. Develop competencies in public sector accounting and financial reporting.
5. Enhance internal controls, auditing, and compliance management capabilities.
6. Strengthen procurement and resource allocation management skills.
7. Improve financial risk assessment and mitigation techniques.
8. Build monitoring, evaluation, and financial performance management capabilities.
9. Promote ethical financial leadership and anti-corruption practices.
10. Apply public financial management tools for sustainable institutional development.

Organization Benefits

1. Improved financial accountability and transparency systems.
2. Enhanced budgeting and resource allocation effectiveness.
3. Better financial reporting and compliance management.
4. Improved expenditure control and operational efficiency.
5. Enhanced audit systems and internal controls.
6. Better risk management and fraud prevention mechanisms.
7. Increased stakeholder confidence and public trust.
8. Improved financial decision-making and strategic planning.
9. Enhanced organizational sustainability and service delivery.
10. Strengthened governance and institutional performance.

Target Participants

• Government Finance Officers
• Accountants and Auditors
• Budget and Treasury Officers
• Procurement and Supply Chain Professionals
• Project and Program Managers
• NGO and Development Practitioners
• County and Local Government Officials
• Monitoring and Evaluation Specialists
• Governance and Compliance Officers
• Institutional Leaders and Administrators
• Policy Makers and Strategic Planning Officers
• Professionals involved in financial administration and public resource management

Course Outline

Module 1: Foundations of Public Financial Management

1. Principles and concepts of public financial management
2. Public finance systems and governance frameworks
3. Roles and responsibilities in financial management
4. Fiscal policy and public expenditure management
5. Financial management reforms and modernization strategies
6. Case study on effective public financial management systems

Module 2: Budgeting and Financial Planning

1. Budget preparation and formulation processes
2. Medium-term expenditure frameworks and planning
3. Program-based and performance-based budgeting
4. Resource mobilization and allocation strategies
5. Budget implementation and monitoring systems
6. Case study on strategic budget planning and management

Module 3: Public Sector Accounting and Financial Reporting

1. Public sector accounting standards and principles
2. Financial statement preparation and analysis
3. Cash management and treasury operations
4. Financial reporting systems and procedures
5. Managing financial records and documentation
6. Case study on public sector accounting practices

Module 4: Internal Controls and Audit Management

1. Internal control systems and risk management frameworks
2. Internal and external audit processes
3. Fraud prevention and detection strategies
4. Compliance monitoring and regulatory oversight
5. Strengthening accountability and transparency systems
6. Case study on audit and internal control effectiveness

Module 5: Procurement and Resource Management

1. Public procurement laws and procedures
2. Procurement planning and contract management
3. Supplier evaluation and procurement oversight
4. Inventory and asset management systems
5. Ethical procurement and anti-corruption measures
6. Case study on procurement management success

Module 6: Financial Risk Management and Governance

1. Financial risk identification and assessment
2. Risk mitigation and business continuity planning
3. Governance and accountability in financial management
4. Managing financial crises and uncertainties
5. Leadership and ethical financial management
6. Case study on financial governance and risk management

Module 7: Monitoring, Evaluation, and Financial Performance

1. Financial performance management systems
2. Monitoring and evaluation frameworks for public finance
3. Key financial performance indicators
4. Financial data analysis and interpretation
5. Reporting and performance improvement strategies
6. Case study on financial performance management

Module 8: Revenue Management and Fiscal Sustainability

1. Revenue generation and tax administration systems
2. Fiscal sustainability and debt management
3. Financial forecasting and economic planning
4. Public investment and capital project financing
5. Revenue accountability and transparency mechanisms
6. Case study on revenue management effectiveness

Module 9: Digital Financial Management Systems

1. Introduction to digital financial management systems
2. E-budgeting and e-procurement platforms
3. Financial data management and analytics
4. Cybersecurity and digital financial governance
5. Technology and innovation in public finance management
6. Case study on digital transformation in financial management

Module 10: Stakeholder Engagement and Public Accountability

1. Stakeholder engagement in financial management
2. Citizen participation and budget transparency
3. Communication and reporting to stakeholders
4. Managing donor and development partner relationships
5. Public trust and accountability enhancement strategies
6. Case study on participatory public financial management

Module 11: Sustainable Development and Public Finance

1. Sustainable development goals and public finance alignment
2. Climate finance and environmental budgeting
3. Social protection and inclusive budgeting approaches
4. Sustainable resource allocation and investment planning
5. Governance for sustainable public sector development
6. Case study on sustainable public financial management

Module 12: Future Trends in Public Financial Management

1. Emerging trends in public finance and governance
2. Innovation and modernization in financial systems
3. Future challenges in fiscal management
4. Artificial intelligence and digital finance transformation
5. Building resilient and future-ready financial institutions
6. Case study on future-focused public financial management transformation

General Information

1. Customized Training: All our courses can be tailored to meet the specific needs of participants.
2. Language Proficiency: Participants should have a good command of the English language.
3. Comprehensive Learning: Our training includes well-structured presentations, practical exercises, web-based tutorials, and collaborative group work. Our facilitators are seasoned experts with over a decade of experience.
4. Certification: Upon successful completion of training, participants will receive a certificate from Foscore Development Center (FDC-K).
5. Training Locations: Training sessions are conducted at Foscore Development Center (FDC-K) centers. We also offer options for in-house and online training, customized to the client's schedule.
6. Flexible Duration: Course durations are adaptable, and content can be adjusted to fit the required number of days.
7. Onsite Training Inclusions: The course fee for onsite training covers facilitation, training materials, two coffee breaks, a buffet lunch, and a Certificate of Successful Completion. Participants are responsible for their travel expenses, airport transfers, visa applications, dinners, health/accident insurance, and personal expenses.
8. Additional Services: Accommodation, pickup services, freight booking, and visa processing arrangements are available upon request at discounted rates.
9. Equipment: Tablets and laptops can be provided to participants at an additional cost.
10. Post-Training Support: We offer one year of free consultation and coaching after the course.
11. Group Discounts: Register as a group of more than two and enjoy a discount ranging from 10% to 50%.
12. Payment Terms: Payment should be made before the commencement of the training or as mutually agreed upon, to the Foscore Development Center account. This ensures better preparation for your training.
13. Contact Us: For any inquiries, please reach out to us at training@fdc-k.org or call us at +254712260031.
14. Website: Visit our website at www.fdc-k.org for more information.