Public Financial Management
| Location | Duration | Kenyan Cost | Non-Kenyan Cost | Upcoming Schedules |
|---|---|---|---|---|
| Nairobi, Kenya | 5 Days | KES 100,000 | USD 1,300 |
| Location | Duration | Non-Kenyan Cost | Register |
|---|---|---|---|
| Online | 5 Days | USD 550 |
| Register |
|---|
Public Financial Management
About the Course
This course equips public sector professionals with the knowledge and skills to manage public
finances effectively, transparently, and in line with good governance principles. Participants will
explore the public financial management cycle, from budgeting and revenue management to
expenditure control, accountability, and reporting, with a focus on improving efficiency and
public trust in the use of public resources.
Target Participants
- ● Government finance and accounting officers
- ● Public sector budget and planning officers
- ● County and national government finance staff
- ● NGO professionals managing donor or public funds
- ● Internal auditors in public institutions
- ● Public administration and policy professionals
What You Will Learn
- ● Understand the principles and framework of public financial management (PFM)
- ● Apply the public budgeting process and budget cycle
- ● Manage public revenue collection and forecasting
- ● Control public expenditure and manage cash flow
- ● Ensure accountability and transparency in public finance
- ● Understand public debt and fiscal risk management
- ● Apply financial reporting standards in the public sector
- ● Navigate public financial management legislation and frameworks
- ● Strengthen internal controls in public financial systems
Course Duration
- ● Face-to-face workshops: 5 days
- ● Virtual Training: 7 days
- ● LMS: Self-paced learning
Course Outline
Foundations of Public Financial Management
- ● What is PFM and why it matters
- ● The PFM cycle: planning, budgeting, execution, and reporting
- ● Legal and institutional frameworks for PFM
- ● Roles and responsibilities in public finance
- ● Principles of transparency, accountability, and good governance
Public Budgeting and Planning
- ● The public budget cycle and key stages
- ● Budget formulation and resource allocation
- ● Programme-based budgeting
- ● Medium-term expenditure frameworks (MTEF)
- ● Budget approval and legislative oversight
Revenue Management
- ● Sources of public revenue: tax and non-tax
- ● Revenue forecasting and collection strategies
- ● Managing grants and donor funding
- ● Revenue administration and compliance
- ● Strengthening domestic revenue mobilization
Public Expenditure Management
- ● Expenditure control and commitment systems
- ● Cash management and cash flow forecasting
- ● Payroll management in the public sector
- ● Procurement within the PFM framework
- ● Managing supplementary budgets and reallocations
Accountability, Reporting, and Audit
- ● Financial reporting standards in the public sector (IPSAS)
- ● Preparing public sector financial statements
- ● Public accounts committees and oversight mechanisms
- ● Managing audit queries and accountability reports
Fiscal Risk and Debt Management
- ● Public debt management principles
- ● Managing fiscal risks and contingent liabilities
- ● Sovereign and sub-national borrowing frameworks
- ● Fiscal sustainability and debt servicing
- ● Strengthening fiscal discipline and PFM reforms
- ● Strengthening fiscal discipline and PFM reforms
Training Approach
This course will be delivered through a coaching-first approach that goes beyond traditional
instruction. Whether in our Nairobi classroom, live virtual cohorts, or through our White Label
LMS, participants engage in a safe and nonjudgmental learning environment designed for
meaningful transformation.
We focus on the individual behind the professional title, connecting with the heart before
training the mind. This approach encourages reflection, practical application, and deeper
engagement, ensuring that learning is not only understood but also internalized and applied with
confidence.
Certification
Participants will receive a certificate upon successful completion of the course, recognizing their
knowledge and practical competence.
Customized Training Solutions
This course can also be delivered as a tailor-made program, designed to address the specific
needs, priorities, and operational challenges of your organization.