With the increasing demand for accountability and transparency in the financial process, many organizations today are facing the challenge of effectively managing public/company funds.There is also increasing risk of false financial transactions, embezzlement, fraud and other forms of financial risk.

Overall Objective

This course will enable participants to design and implement a robust financial management system that will safeguard business transactions, enhance the integrity of organizations and protect them from operational risk.

Specific Objectives

  • To understand the effective methods and techniques for major financial processes
  • To design and run the resource planning system and set budgets
  • To determine which processes provide a level of risk or materiality in reaching financial goals
  • To prioritize development expenditure according to risk, materiality and performance goals
  • To ensure that financial data is recorded, consolidated, and reported accurately, timely, and in line with financial policies of the organization.