Agenda

Professional Certificate in Public Financial Management

Day 1

09:15 Registration and Refreshments
09:45 Chair's Introduction and Delegate Introductions
10:15 Public Spending: planning and budgeting 
Key concepts and facts in public finance
The budget process
Strategic planning & budgeting
Public Expenditure Reviews
11:15 Morning Coffee
11:30 Alternative budget approaches 
Incremental budgeting
Zero based budgeting
Performance Based Budgeting and Programme budgeting
12:45 Lunch
13:30 Case study: Performance Based Budgeting in the UK 
15:00 Afternoon Tea
15:15 Fiscal openness 
The Pillars of Budget accountability
Components of Fiscal Openness
Participatory budgeting
Evaluation of Fiscal Openness
Case discussion: fiscal openness in the UK
16:15 Wrap Up Discussion
16:30 Close

Day 2

09:30 Refreshments
09:45 Chair's Introduction and Recap
10:00 Budgeting for uncertainty 
Fiscal space and fiscal risk 
The impact of the Global Financial Crisis on budgeting
Recognising and managing risks
Contingency budgeting
Case discussion: appraising fiscal risk in the UK
11:15 Morning Coffee
11:30 Budget execution Budget execution cycle and controls Financial planning: debt and cash management Budget monitoring and budget adjustments Fraud and corruption Comparative institutional practices
12:45 Lunch
13:30 Procurement and partnerships
Procurement: rationale for partnerships
Types of partnership
Commissioning and partnership management
Evaluation of partnerships
Case study: Carillion in the UK
15:00 Afternoon Tea
15:15 Costing and project appraisal
Costing methods
Project appraisal techniques
Cost Benefit analysis
Financial decision making
16:15 Wrap Up Discussion
16:30 Close

Day 3

09:30 Refreshments
09:45 Chair's Introduction and Recap
10:00 Purpose of financial reporting
Systems of accounts
Accruals v cash-based accounting
Challenges to Implementing accruals accounting and how to overcome them
Progress of Governments in Implementing accruals accounting
Overview of public sector financial reporting
11:15 Morning Coffee
11:30 IPSAS (including the link to IFRS)
Examples of public sector financial reports
Providing a comprehensive account of public finances
Examples of public sector financial reports
12:45 Lunch
13:30 Financial oversight and auditing
Financial oversight of public funds
Public sector audit
The audit of financial statements
15:00 Afternoon Tea
15:15 Performance auditing
Auditing regularity and propriety
Auditing performance
16:15 Wrap Up Discussion
16:30 Close

Day 4

09:30 Refreshments
09:45 Chair's Introduction and Recap
10:00 Public revenue: taxation
Tax basics: purposes and types
Key issues in tax
Fiscal policy
Tax trends
Case discussion: tax reform in GCC countries
11:15 Morning Coffee
11:30 Public revenue: other sources
Overview of non-tax revenue sources
Charging for services
Resource revenues
Sovereign wealth funds
Revenue from donors
12:45 Lunch
13:30 Sub-national government finances
Funding of sub-national government
Vertical and horizontal fiscal imbalances
Case discussion: local government finance in the UK
15:00 Afternoon Tea
15:15 Case study: funding government in the Falkland Islands
16:15 Wrap Up Discussion
16:30 Close

Day 5

09:30 Refreshments
09:45 Chair's Introduction and Recap
10:00 Monitoring and evaluation
Aims of monitoring and evaluation
Types of evaluation
Programme theory
11:00 Morning Coffee
11:15 Conducting evaluations
Evaluation methods
Data collection and analysis
Case discussion: evaluation of regeneration programmes in Scotland
12:15 Overview of Chartered Management Institute Assignments and Qualification
Structuring a written piece of work for assessment: generic overview and principles
Structuring these two specific pieces of work to demonstrate all the assessment criteria
12:45 Final Discussion and Certificate Presentation
Group photo
Evaluation forms and feedback
Further training requirements
13:00 Formal Close and Lunch