Applied Analytics in Public Finance and Budgeting
Development Academy of the Philippines
Enrollment is Closed
Course Overview
Government plays a vital role in the macroeconomy. Public Financial Management (PFM), which is one of its key responsibilities, is important in supporting macroeconomic stability, economic growth, and the achievement of the Sustainable Development Goals (SDG). This course teaches how to leverage financial data across different government units, departments, agencies, and revenue streams to accurately recognize revenue, forecast budget, monitor spending, ensure compliance, identify risks, opportunities, and wastes, and deliver against goals. Participants will learn the practical application of basic data, reporting, analytics, and modeling tools and techniques to address common PFM problems, using real-life examples and datasets.
Note to SPARTA scholars: Upon enrollment, you will have 6 months to finish a SPARTA course. Failure to complete the course in 6 months and/or inactivity for 3 months will result in course access revocation.
What You Will Learn
Upon completion of this course, the learners are expected to:
- contribute to improved fiscal performance or propose and implement public finance policies and strategies from actionable insights derived from analyzing and modeling public financial data; and
- improve fiscal transparency and better manage fiscal risks by applying financial reporting and analytics best practices.
Course Instructors
Sheryll Grace Aromin
Subject Matter Expert
Jody Salas
Subject Matter Expert
Course Content
Week 1: The Philippine Budget Cycle
7 Videos | 5 Activities
7 Videos
- Welcome to the course!
- Basic Legal Framework
- Basic Concepts and Terminology
- Budget Preparation
- Budget Legislation
- Budget Execution
- Budget Accountability
5 Activities
- Case study and recall activities
- Quiz: Budget Cycle
Week 2: Allocating the National Budget: Priorities, Trends, and Patterns
5 Videos | 3 Activities
5 Videos
- Budget Dimensions by Sector
- Budget Dimensions by General Expense Class
- Budget Dimensions by Region
- Budget Dimensions by Recipient Unit
- Budget Dimensions by Appropriation Source
3 Activities
- Case study and recall activities
- Quiz: Budget Allocations
Week 3: Tracking Revenue Performance: Taxation and Revenue Streams
3 Videos | 4 Activities
3 Videos
- Tax Revenues
- Non-Tax Revenues
- Taxation System
4 Activities
- Case study and recall activities
- Quiz: Taxation and Revenue Streams
Week 4: Monitoring Borrowing Performance: Financing Program
3 Videos | 3 Activities
3 Videos
- Borrowing
- Debt Service
- Key Takeaways
3 Activities
- Case study and recall activities
- Quiz: Financing Program
Week 5: Managing the Bottomline:The Government Fiscal Program
3 Videos | 3 Activities
3 Videos
- Total Resource Budgeting and One Fund Concept
- Bottomline: Budget Deficit or Budget Surplus
- Key Takeaways
3 Activities
- Case study and recall activities
- Final Exam: Public Finance and Budgeting