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Strengthening capacity in OCAG

Strengthening capacity in OCAG. through accredited PFM education and training. Strengthening PFM capacity. through accredited PFM education and training. Peter Boulding, Assistant Director (International), CIPFA. The characteristics of professionalisation….

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Strengthening capacity in OCAG

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  1. Strengthening capacity in OCAG through accredited PFM education and training Strengthening PFM capacity through accredited PFM education and training Peter Boulding, Assistant Director (International), CIPFA

  2. The characteristics of professionalisation… members bound to act in the public interest entrance by examination members trained to appropriate standards practical skill blended with concepts skills kept up to date regulation, ethics, discipline gives assurance of quality

  3. Outputs from professionalisation… prepare budgets and financial statements design PFM systems provide advice give assurance certify accuracy and integrity monitor compliance

  4. Outcomes from professionalisation… better quality decision making more effective targeting of resources more efficient use of resources improved accountability greater comparability donor confidence in country systems

  5. CIPFA’s experience of professionalisation Some examples Lesotho Nigeria Tanzania Eastern Europe Canada Tajikistan New Zealand Bangladesh

  6. integrated into an existing qualification a reference point Qualifications are central to professionalisation offered as an international PFM qualification in its own right

  7. IPFM curriculum

  8. IPFM Qualifications Professional Advanced Diploma Diploma Certificate and Diploma can be achieved in 18 months Certificate Allow 3 years minimum to achieve all four qualifications

  9. Subjects: Certificate The PFM Environment in Country (the “National Module”) Financial Accounting Management Accounting

  10. Subjects: Diploma Managing Organizations Managing Finance Public Sector Financial Reporting Audit & Assurance

  11. Subjects: Advanced Diploma Governance, Public Policy and Ethics Corporate Financial Reporting Public Finance Strategy

  12. Subjects: Professional Strategic Leadership Strategic Financial Management

  13. Tuition CIPFA specialist tutors Block release basis Teaching + Revision Building local training capacity

  14. Illustrative course schedule

  15. Exams June and December Unseen, written, closed book Usually 3 hours + reading time Multiple choice, essay, computational Pass mark 50%

  16. Proposed Process for allocating places Applications reviewed against basic criteria Candidates meeting basic criteria sit entrance exam Candidates apply to participate Education English language Remaining Service Final decision made by C&AG Ranking submitted to OCAG committee for review and final selection Candidates ranked based on results of entrance exam

  17. Ensuring sustainability Capacity development Relationships with PAOs Support from CIPFA Long term commitment Stakeholder involvement

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