Recent public sector reforms are remarkably based on the promotion of accountable management. Therefore, to achieve effective accountability within financial management in the public sector, clear rules and principles of governance must be employed. Corporate governance in MDAs requires that effective and appropriate measures are established to ensure statutory accountability and accountability for public resources. Governance will support the need for efficient use of public funds, reduction of budgetary deficits, increase in performance and management of risks. The purpose of this programme is to show how corporate governance can be applied in the public sector financial management.
WHO SHOULD ATTEND?
Accountants, auditors, budget officers, finance officers and any other staff from the mdas entrusted with the duties of managing public resources.
HOW PARTICIPANTS WILL BENEFIT
At the end of the course, participants will be able to:
Appreciate the elements, structures and systems of public sector governance;
Competently develop and manage governance reform programs and activities;
Apply principles of governance in public sector financial management;
Identify and mitigate against risks related to financial disbursement;
Appreciate the importance of compliance to governance and standards.
Overview of the principles of governance;
Governance in the public sector: resurgence and interest;
Governance-Rule of law, transparency and accountability;
Oversight institutions supporting governance;
Overview of public sector financial management;
Current Issues in public sector financial management;
Principles of budgetary governance and fiduciary risk management-control and oversight;
Compliance to governance programmes and international standards.