PUBLIC FINANCIAL MANAGEMENT AND OPEN GOVERNMENT PRINCIPLE

Live-Online Training: N250,000.00
Classroom Training: N 350,000,00
3 - 4 participants: 5% discount
5 or more participants: 10% discount

(Available also for Customised Training by Duration, Venue & Fee)

Course Contents

DAY ONE

Budget Reliability

•         Understanding the Budget Cycle

•         The Nigerian Budgeting Experience

•         Budget Preparation

•         Budget Approval Process

•         Budget Implementation Process

•         Budget Reporting, Monitoring and Evaluation Processes.

DAY TWO

Fiscal Transparency, Accountability and Sustainability

•         Understanding and Preparing Medium Term Sector Strategies (MTSS)

•         The Medium-Term Expenditure Framework (MTEF):

-      Economic Updates 

-      Fiscal Updates

-      Fiscal Strategy and Budget Policy Statement

•         Forecasting Revenue and Expenditure

•         National Chart of Accounts

•         Detection of Errors in the Chart of Accounts

•         Preventing Errors in the Chart of Accounts.

DAY THREE

Increased Openness

•         Concept of Transparency

-      Global Adoption of IPSAS

-      Accountability

-      Sustainability

•         Citizens Budget and Accountability Reports

•         Strengthening State Tax Administrative Systems and Tax Policy

•         Preparing Accurate IGR Reports.

DAY FOUR

Improved Cash Management

•         Process of Reducing Revenue Leakages

•         The Implementation of Treasury Single Account (TSA}

•         TSA Operations and Benefits

•         Public Financial Management Reform in Nigeria.

DAY FIVE

Public Procurement

•         Public Procurement Methods for Goods, Works and Services

•         e-Procurement and Open Contracting Data Standards

•         Strengthening SMEs Participation in Public Procurement

Citizens’ Engagement in the Budget Process

•         Key Elements of Citizens Engagement in the Budget Process

•         Knowledge Forums

•         Roles of the Civil Societies and Institutions.