Public procurement professional

Given the pace of change and size of expenditure in the public sector, it’s critical that finance professionals working in the sector have the right skills to deal with the challenges ahead. In response to demand from the public sector, we have developed the certificate in public financial management to help support and build strong public financial management.

By completing this certificate, you will be able to:
 

• be able to define public money
• understand the objectives of public financial management
• know what the public financial management cycle is.

At our 12th annual virtual public sector conference, we’ll be taking on the biggest challenges facing financial professionals in the public sector today. Together, we can build a more sustainable and equal future for all. Created for finance professionals interested in the public sector, the webinars recorded during the conference are available here with the reports discussed during the sessions.

Sessions include:
 

• public purse prioritisation – public finance during a cost-of-living crisis
• skills for the future – building a professional public finance function - joint ACCA-IFAC session
• report launch: green budgeting in the public sector
• auditing sustainability reporting in the public sector
• from data to decisions: transforming public finance and procurement systems
• professional integrity – ensuring accountability in the public sector.

Every country faces the challenge of how to use public resources efficiently and effectively. Without good public financial management (PFM), governments may find it challenging to use public funds to deliver essential services or focus on their long-term goals. How can countries' PFM be evaluated in a way that supports sustainable development?

With the PEFA framework, we can assess and understand the strengths and weaknesses of a country's PFM system and use this information to support improvements. The PEFA framework has become the gold standard for assessing PFM performance – with over 650 assessments done in over 150 countries around the world at all income levels.

This four-module self-paced e-learning course will provide an introduction to the PEFA framework, how to understand and use it, and the process involved. The course also presents examples, offers guidance documents and background material. Participants will be invited to complete quizzes to test their understanding throughout the course. Participants will receive a course completion certificate after successfully completing all quizzes in each of the four modules.