Public Expenditure & Financial Accountability (PEFA) Training / Public Financial Management and Financial Control Systems

Module 1: Introduction to Public Financial Management (PFM) and PEFA Framework

Overview of PFM principles and objectives

Role of PEFA in strengthening financial accountability

PEFA indicators and assessment methodology

Module 2: Public Expenditure Management and Fiscal Discipline

Budget formulation and expenditure controls

Linking expenditure to policy priorities

Mechanisms for ensuring fiscal discipline

Module 3: Budgeting and Resource Allocation

Medium-Term Expenditure Framework (MTEF)

Performance-based budgeting concepts

Challenges in budget credibility

Module 4: Revenue Mobilization and Management

Taxation systems and administration

Non-tax revenue management

Transparency in revenue collection

Module 5: Cash and Debt Management

Treasury single account (TSA) systems

Public debt sustainability analysis

Liquidity and cash flow forecasting

Module 6: Procurement and Expenditure Controls

Public procurement principles and practices

Strengthening internal controls in expenditure

Common risks and fraud prevention mechanisms

Module 7: Financial Reporting and Transparency

International Public Sector Accounting Standards (IPSAS)

Role of timely financial reporting in accountability

Open budget initiatives and public disclosure

Module 8: Internal Audit, Risk Management and Governance

Role of internal audit in PFM

Risk-based audit approaches

Strengthening governance structures

Module 9: External Oversight and Accountability Institutions

Role of Supreme Audit Institutions (SAIs)

Legislative oversight and parliamentary committees

Civil society and media in enhancing accountability

Module 10: Donor Funding, Aid Effectiveness and Harmonization

Managing external resources and donor funds

Alignment with government systems

Principles of aid effectiveness and PEFA assessments

Module 11: PEFA Assessment Tools and Methodology

PEFA performance indicators explained

Conducting a PEFA assessment step-by-step

Interpreting and applying PEFA results

Module 12: Strengthening Financial Control Systems

Internal control frameworks

Anti-fraud and corruption mechanisms

Integrating technology in PFM

Module 13: Case Studies and Best Practices in PFM and PEFA

Country experiences in implementing PEFA reforms

Lessons from successful PFM reform programs

Benchmarking and peer learning

Module 14: Action Planning and Implementation Strategies

Developing a PEFA-informed reform action plan

Monitoring and evaluation of PFM reforms

Roadmap for strengthening financial control systems