To internalize and support the Somali Government and international development partners towards reforming and implementation of prudent public financial management system, the schools aims at improving the capacity of Government officials at various levels to uphold value for money practices in the procurement and disposal of goods and services as well as management of services delivery contracts and fund management.
The program targets accounting officers, administration and finance, and procurement officers at various levels as well as procurement committees. As of now, the schools offer the following courses under this program.
This training course provides an overview of PFM systems, institutions, and capacity building in developing and emerging market economies. It focuses on PFM issues based on the IMF’s operational and analytical perspectives, in support of macroeconomic stability, economic growth, and achievement of the Sustainable Development Goals (SDGs). The training covers a wide range of topics and treats PFM as an integrated system rather than a collection of specialities. As such, it focuses on PFM priorities, reform objectives and implementation risks. The course is built on conceptual and practical approaches and includes testimonies from the ministry of finance, practitioners, and other stakeholders.
All government officials are welcome to register. The course is particularly relevant for mid-to senior-level officials in ministries of finance, treasuries, debt management offices, ministries of economy, or financial planning divisions in line ministries. It is also targeted at officials involved in capacity-strengthening functions related to public financial management (PFM). The training is designed for participants who have already a basic understanding of PFM systems and builds on that knowledge at an intermediate level
Upon completion of this course, participants should be able to:
Many managers and heads of departments are involved in the management of finances, but have no prior formal training in financial management, hence the need for this training to equip them with the necessary financial management skills and knowledge
Officers in the public service sector, who handle financial responsibilities but have no formal training in finance
Organizations have staff who possess a good grasp of financial management, hence increasing efficiency in the control and management of finances in their organizations
With the rapid developments in accounting standards, regulations, and industry practices, individuals need continuous training in order to keep abreast of all the changes. They also need to improve the quality of financial reporting by recording, reporting and disclosing regular and unusual business transactions. ‘Financial Accounting and Reporting is a course prepared and facilitated by professionals who not only master the theoretical facts of academia but who also have solid and practical global experience.
Professionals in the field of finance and accounting, accountants at all levels seeking to enhance practical finance and accounting knowledge, and certified financial and accounting personnel
By the end of the course, participants will be able to:
This training skill provides the learner with the knowledge, skills, attitudes and values to understand and apply the principles and concepts of budgeting in the government sector
This skills programme is designed for the public sector and is aimed at:
By the end of this course you will be able to:
Fraud has become a serious concern for the both commercial and non-profit organizations across the whole world. According to a study by researchers, a wide range of all non-profit organizations/groups fails victim to occupational fraud. Awareness about fraud and embedding anti-fraud procedures in the system of an organization can have a significant impact on the sustainability of the organization in the long term. This training course will help the trainees to learn why people commit fraud, how to identify fraud risks, establish an anti-fraud culture and ensure fraud awareness in the organization. This training course will explain how to build a robust fraud risk management program and how to integrate anti-fraud initiatives into the fraud risk management program.
After completing this training course, you will be able to:
It is essential for every organization to effectively utilize its funds and manage its exposure to key risks arising from fluctuations in interest rates and foreign exchange rates. The certificate in treasury and cash management course examines the important roles of the corporate treasury in managing cash flow and liquidity, working capital, accessing debt financing and managing capital. This course provides professionals with a sound understanding of the tools and techniques required for effectively managing the various aspects of treasury risk.
By the end of the course, participants will be able to:
Treasury professionals, financial professionals, finance managers, corporate controllers, financial controllers, chief accountants, accounting managers, senior accountants, banking professionals, back-office managers, traders and dealers, finance regulators and corporate business professionals.
In this training, you will learn the concepts of traditional and operational auditing and gain proven tools and techniques for performing effective audits.
You will gain a solid background in the basics of documenting and evaluating internal control/fieldwork techniques. Using specifically formulated case exercises, you will examine the critical elements of internal auditing: assessing risk, flowcharting, designing flexibility into the audit program, performing the audit and applying audit results to solve business problems.
You also will focus on and put into practice the communications skills associated with internal auditing: conferencing with customers, writing audit findings, and selling audit recommendations.
PPP projects are very complex with large financial outputs and consequences. The projects include infrastructure, power generation, and utilities all of which should be implemented efficiently and in a sustainable manner. Hence these projects involve major challenges which need to be overcome to deliver a successful project. The success or failure of a project will depend on many factors and the study of case studies included in this training will help guide participants on the dos and don’ts of successful PPP project delivery and implementation.
This training course will identify the underlying best practices that can be applied in most countries, be they in emerging markets or developing economies, always recognizing the local conditions. The use of a range of case studies and examples will help illustrate both successful and less successful practices. Further, it will help illustrate what parties have learnt through experience and how PPPs have evolved in this process.
Good project preparation is fundamental to a successful PPP project. The concept of PPP obligates a more collaborative relationship between both sectors, fostered by openness and trust. This presents a major shift from the traditional arms-length approach in procuring services and executing projects. Well-designed, feasible projects attract greater interest amongst potential investors and demonstrate the potential benefits of taking the project forward to the procurement phase. Therefore, PPP projects critically require specially trained personnel who possess a deep understanding of the many different constraints involved and who display extensive knowledge of how to prepare and commence a PPP project.