Advanced Public Financial Management Workshop
5 Day Training
Dates: 24 – 28 March | 09 – 13 June | 20 – 24 October 2025
Locations: Grayston Ridge Office Park, Sandton
Platform: Available In-Class / Online
Price: Available on Request
Course Introduction
The Advanced Public Financial Management Workshop is intricately designed to strengthen the capabilities in managing public finances effectively. It is pivotal for democratic governance, macroeconomic stability, the efficient allocation of resources, and poverty alleviation. Prospen Africa’s comprehensive workshop delves deep into the nuances of Public Financial Management (PFM), laying a strong foundation for understanding its role in the development process. Participants will gain invaluable insights into fostering efficient tax systems, results-driven budgeting, transparent public expenditure management, and robust macro-fiscal planning. Advanced Public Financial Management Workshop is a cornerstone for enhancing public sector performance, thereby contributing to sustainable economic growth and societal well-being.
Course Objectives
Participants will:
Acquire a comprehensive understanding of various financial analysis types and their application in public finance.
Learn diverse financial evolution methods for supporting new initiative submissions.
Develop skills to implement and manage a financial management plan effectively within an organization or agency.
Gain expertise in creating financial controls to ensure accountability.
Master the art of integrating financial management structures with strategic planning.
Develop forecasting abilities for long-term revenue and expense requirements, understanding their impact.
Enhance skills in thorough financial analysis and evaluation of organizations, teams, projects, and specific initiatives.
Who should attend?
The Advanced Public Financial Management Workshop is ideal for:
Public sector finance professionals
Finance Managers, Officers, and Analysts engaged or interested in the public sector realm
Individuals seeking advanced knowledge in public financial management to enhance their skills and understanding of the field
Training Methodology
Our diverse instructional approaches ensure effective learning:
– Lectures & Presentations: Engage with expert-driven, stimulating content.
– Course Material: Access well-crafted supporting resources.
– Group Work: Collaborate on discussions and case studies for practical insights.
– Workshops & Role-Play: Participate in immersive, scenario-based activities.
– Practical Application: Focus on applying theoretical knowledge in real situations.
– Post-Training Support: Receive extensive support after training for skill implementation.
Training Outline
Day 1: Foundations and Framework of Public Financial Management
Module 1: Introduction to Public Finance Fundamentals
Key principles of public finance
The role of public finance in governance and economic stability
Module 2: Government Funding Mechanisms
Overview of government funds and revenue sources
Analysis of funding allocation and utilization
Day 2: Budgeting, Asset Management, and Financial Reporting
Module 3: Capital vs. Operating Budgets
Comparison and implications of different budget types
Case studies on budget formulation and execution
Module 4: Asset Management and Financial Controls
Developing and implementing asset management plans
Establishing fiscal controls in public organizations
Module 5: Essentials of Local Government Financial Reporting
Understanding different sections of financial reports
Case study on interpreting and analysing financial reports
Day 3: Advanced Financial Analysis and Long-Term Planning
Module 6: Advanced Financial Analysis Techniques
Balance sheet analysis, income, and other financial statements
Different types of financial analysis in the public sector
Module 7: Long-Term Financial Planning and Funding
Developing a long-term funding strategy
Strategies for reserve fund establishment and management
Module 8: Enhancing Financial Presentation Skills
Techniques for improving the presentation of financial data
Practical exercises in financial data visualization
Day 4: Risk Management, Audits, and Financial Sustainability
Module 9: Financial Risk Management
Identifying and mitigating financial risks in the public sector
Case study on effective risk management strategies
Module 10: Auditing Processes and Financial Controls
Understanding the audit process and its importance
Developing effective financial controls and compliance mechanisms
Module 11: Developing Financial Sustainability
Strategies for effective resource development and management
Case study on sustainable financial practices in the public sector
Day 5: Practical Application and Case Study Analysis
Module 12: Practical Application Workshop
Participants apply learned concepts to simulated scenarios
Group exercises on budget preparation and financial analysis
Module 13: Comprehensive Case Study Analysis
Analysis of real-world case studies in public financial management
Group discussions and presentations on case study findings
Module 14: Course Review and Closing Remarks
Summary of key learnings and takeaways
Feedback session and discussion on post-course application and development
Related Courses
Accounts Payables, Reconciliations and Income Tax Training
View More