About NIFM International Training Programme on Budgeting, Accounting & Financial Management - National Institute of Financial ...
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
International Training Programme on
Budgeting, Accounting & Financial Management
An international programme on Public Financial Management
About NIFM
The National Institute of Financial Management (NIFM)
located in Faridabad, India, was set up in 1993 as an Public financial management
Autonomous Body under the Department of Expenditure, (PFM) is universally recognised
Ministry of Finance, Govt. of India. The Union Finance as an essential part of the
Minister is the President of NIFM Society and Secretary development process. Sound
(Expenditure), Government of India is the Chairman of the PFM supports aggregate
Board of Governors. NIFM is a Centre of Excellence control, prioritization,
specializing in capacity building of professionals in the accountability and efficiency in
fields of Public Policy, Financial Management and other the management of public
governance issues. The mandate of NIFM includes resources and delivery of
providing training and continuing professional education services, which are critical to
in financial and fiscal management for officers of the the achievement of public
participating services, Central/State Government, and to policy objectives.
organise International Training Programmes and to keep This program will provide the
abreast with the progress made in the rest of the world in officers with a sound overview
the area of finance and accounts. of PFM concepts along with an
International exposure to PFM
About this course Good practices .
This International program aims at providing officers with
a sound grounding on Public Financial management issues
of Budget formulation, approval, execution and
evaluation, the contemporary challenges in Government
Accounting, and the role of Audit in effective PFM. Apart
from addressing the recent developments impacting PFM
in India, the program would also provide hands on
training on the latest analytics tools enabling managers to
make better sense of Public finance data, and quantitative
techniques for program evaluation. The two week training
at NIFM is followed by a 1 Week International attachment
with either Seneca College, Toronto, Canada (June 2018)
or University of California, Riverside Extension
(September 2018) where participants would be exposed
to some of the relevant PFM practices in vogue in
Canada / USA.
International partner institutions for this ITP:
Seneca College, Toronto, Canada
Seneca College is one of Canada’s leading
public postsecondary institutions, which
offers a comprehensive range of programs
across all disciplines to nearly 26,700 full
time and 70,000 part time registrants in
campuses across the Greater Toronto Area.
With an emphasis on work-integrated
learning, interdisciplinary study and
flexible learning opportunities, Seneca is
the pre-eminent institution in Ontario,
Canada.
Seneca employs various methods of
teaching – from in-class lectures and online
learning to co-op and field placements – in
programs related to applied arts, business, financial services and technology.
NIFM has an MoU with Seneca College for academic co-operation since January 2017.
University of California,
Riverside Extension UCR
Extension is the continuing education
branch of the University of California,
Riverside. The University of
California, Riverside is one of 10
universities within the prestigious
University of California system. UCR is
consistently ranked as one of the most
ethnically and economically diverse
universities in the United States.
The main campus sits on 1,900 acres
(769 ha) in a suburban district of
Riverside, California, United States,
with a branch campus of 20 acres in
Palm Desert.
NIFM has an MoU with UCR for academic collaboration since June 2014.
Eligibility for this Programme
Mid level officials working in various Ministries/ Department/Autonomous Bodies, members of
Accounts/Finance Services of GoI, State Governments, officials of the Public Sector Undertakings/Banks,
officials dealing with Government Budgeting and/or Accounting, Public Expenditure Professionals and
academicians in CTIs etc. Participants should have working knowledge of English.
Number of Seats–
30 (Thirty) in one batch
Programme Outline
Public Financial management
Financial Management in Government: An overview
Public Expenditure Management, Fiscal Deficit, FRBM and related fiscal legislation
Role of IFA and the art of Financial Advice
Trade-off between public expenditure control and development objectives
Quantitative techniques for program evaluation
Government Accounting and IFMIS
Principles of Government Accounting
Basics of Commercial Accounting – Understanding Financial Statements of Commercial Entities
Comparing Financial Statements of Government and Commercial Entities
Analysing Financial Statements
Accrual Accounting in Government
An exposure to International Public Sector Accounting Standards (IPSAS) & IFRS
Budgeting
Budget Preparation and implementation process
Budgetary control, Performance budget, Outcome budgeting
Cash and Debt Management
Recent Developments impacting PFM in India
Goods and Services Tax—an in depth understanding,
14th Finance Commission Award
Public Private Partnership
GeM—Government e Marketplace and e-Procurement, GFR 2017—new requirements
Public Sector Audit & Accountability
Principles of Public Sector Auditing – contemporary issues
International Standards of Public Sector Auditing (ISSAIs)
Analytics for Public Finance Professionals
Exploratory Data Analysis using world leading Business Analytics tool—Tableau ,
Public Policy Analytics, Use of MS Excel for Financial Modelling & Analysis
Course Fee: Rs. 4,00,000- (Rupees Four lakh only) per person including taxes as applicable. The
course fee includes tuition fee, course material, boarding and lodging at NIFM, Faridabad. It also includes
the International attachment charges on tuition fee (payable to international partners), course material,
Air travel (Economy class), Health insurance and accommodation during international attachment. The
course fee does not include DSA for the international component which would be paid by the sponsoring
authority as per admissibility. Duly filled nomination form (s) along with Demand Draft drawn in favour
of ‘National Institute of Financial Management’ payable at Delhi/Faridabad may be sent in advance. You
may also remit the fee through e-Payment, details for which is given in the nomination form.
Venue & Duration: Total duration of the programme is three Weeks, out of which, first two weeks
of the programme will be conducted at NIFM, Faridabad. The 3rd Week would be an international
attachment. The course is residential and accommodation would be provided by the Institutes.
We have planned three programmes during 2018-19:
Program Program Date Last date of receipt of International partner
nomination
1 11 —29 June 2018 21 May 2018 Seneca College, Canada
2 10 —28 September 2018 20 August 2018 UCR, USA
3 19 November —7 December 2018 29 October 2018 To be announced
Head of the Institute
Ms. Meena Agarwal Please write to:
Tel. No. : + 91 129 2418870
Fax: No. : + 91 129 2418867 MDP Cell -
Email : director@nifm.ac.in mdpcell@nifm.ac.in,
Program Director or
Dr Namrata Agrawal, Professor (IT) Program Director -
Tel. No. : +91-129-2465231
Fax No. : +91-129-2418891 / 2418867 nagrawal@nifm.ac.in
Email: nagrawal@nifm.ac.in
an autonomous institution of Ministry of Finance,
Government of India
Sector-48, PaliRoad,
+91-129-2465444 (Phone) N a t i o n a l C a p i t al R e g i o n
+91-129-2418867 (Fax) www.nifm.ac.in
F a r i d a b ad , I n d i a - 1 2 1 0 0 1
You can also read
