/ PFT Online Course on 'PUBLIC FUNDS AND THEIR AUDITING'
Introduction and Background
training program offers an outlook on the role and functioning of
financial control in association with the management of public
funds and the implementation of fiscal policy. The curriculum gives
a comprehensive picture of the connection of public politics and
the functioning of public finance, the audit of ensuring resources
and of the realization of the expenditures the financing
of the central budget. The four subjects embrace the tasks, general
function, the characteristics of the institutional system, the general
transparency and accountability criteria and their respective guarantees
concerning the financial operation; the tasks of the national and
international organizations of financial control, its stabilizing
role, the typical institutional models of state control, its institutions,
the audit types carried out by them as well as the utilization of
the experiences gained. Additionally it explains the role of financial
audit in enhancing the security of global and regional cooperation
as well as the institutionalized organizational solutions of the
above. The work of financial management organizations and their
control organs appears to be particularly topical in light of the
current global financial and economic crisis.
||when slots are full
||April 11 to May 13, 2011
||Minimum of 35 hours
||US $ 400/-
||UNITAR Geneva (Course Administration
and Technical Questions)
At the end of the course, the participants should be able to:
- Define the role of the state and
public politics in realizing the goals of fiscal policy and public
- Name and explain the basic criteria
of transparency and accountability of public funds;
- Recognize good governance
practices in managing the central budget;
- Explain with precision the internal
and external financial control mechanisms and management of public
- Manage the implementation of technical
and methodological solutions and techniques of fiscal policy and
- Determine effective financial management
and audit schemes that may minimize corruption of public funds
and stabilize the role of global professional organizations in
managing public funds.
Potential beneficiary audience/institutions include government officials,
auditors of the governmental sector, financial experts, faculty,
Structure / Outline
This online course will involve a mix of self-study and online interaction
culminating in a practical understanding of public funds and their
auditing through online group work. Throughout the duration of the
course, participants will go through theoretical and conceptual
material prepared by UNITAR and will have an opportunity to relate
it to real-life situations through online discussions and peer-to-peer
interaction. There will be a quiz/assignment at the end of the program.
This course will comprise of the following modules, each covering
a one-week period.
Module 1: Principles of the functioning
of public funds management
The economic role of the state and public politics; the most important
substantive and direct goals of the fiscal policy and the related
public funds and their management; the institutional system of
public funds management and the basic criteria of transparency
and accountability of the financial operation.
Module 2: The functioning of the
public finance system
The financing of the public finance system, general solutions
of the realization of revenues and realization of expenditures
and their most important institutions; good governance
in the financial management of the central budget; the built-into-the-process
internal and external financial control of the financial management
of the public finance system and the respective types of the control
Module 3: The implementation of
fiscal policy and the control
Principles, types, most important technical and methodological
solutions, techniques of the audits carried out in the field of
public funds; typical tasks and implementation of regularity,
performance audit; characteristics of utilizing the gained experiences
and their respective, institutional solutions.
Module 4: The mission of financial
audit in the global world of the 21st century burdened by crises
Possibilities of public finance management in mitigating the social-economic
consequences of the financial-economic crisis and in fighting
the related corruption phenomena; the most effective, comprehensive
effects of the perfection of international cooperation in managing
public funds, in the development of the institutional system,
and the stabilizing role of global professional organization.
This course will be conducted over the internet using UNITAR's e-Learning
infrastructure for a four week period. Participants will require a
minimum of 60 minutes of study each day. The course pedagogy will
allow for three levels of interaction. At the first level, the participants
will interact with the training content and reading material provided.
At the second level, the participants will interact with each other
through the online discussion board facility, sharing experiences,
opinions and views, thereby giving the learning a contextual framework.
At the third level, the participants will interact with a seasoned
expert on corporate governance who will act as the course mentor.
The mentor will not only moderate the course for its entire duration,
but also provide feedback and discussion wrap-ups as well as respond
to participant queries.
UNITAR online courses create a progressive
learning environment in which participants have the flexibility
to structure their own learning process and interact with peers
and experts through the discussion board facility. UNITAR encourages
the participants to network with each other both professionally
and amicably, to establish contacts which further promote the dynamic
nature of the learning experience.
The online course will be conducted
in the English language.
This course is designed as an online course in which participants
will be primarily responsible for their own learning. Each lesson
will consist of the following components:
Reading Materials (Compulsory Reading Materials):
these materials are intended to educate the participants
about the basic concepts and principles applicable to the subject-matter
of the lesson. It will include, where appropriate, sample materials.
These materials will constitute the required reading materials
for the lesson
Reading Materials (Optional Reading Materials): this
will consist of optional reading materials for participants who
wish to learn more about the topic than what is covered in the
Links: This will refer the interested participants
to additional books, articles, documents, and websites that deal
with the issues raised in the lesson.
A glossary of terms tailored to the online course will
be provided to the participants and act as a learning support
during the entire course.
At the end of each lesson there will be a set of quizzes
for participants to answer. These quizzes are designed to test
the participant's understanding of the lesson. Participants are
required to pass each quiz and obtain at least 80% or more passing
grade in order to be eligible for a certificate. All quizzes will
need to be taken online.
Discussion Board: There will be a community discussion
board available on which participants can post questions or comments
that can be seen by the instructor and the other participants.
This discussion board will be moderated by the course director
and UNITAR. Structured discussion strings will be posted on a
All successful participants will be
eligible to a certificate after completion of this online course.