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.
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.
You will need a computer or laptop with Microsoft Excel installed. Computer or laptop requirements are:
- For Windows: Core i3 or better, 4GB RAM or better, MS Excel 2007 or better
- For MacBook: ideally MS Excel 2013 or newer should be installed (some functions require this version on the Mac). If the version of MS Excel is 2011, download and install StatPlus.