The paucity of funds occasioned by the fiscal challenges faced by governments at every level in Nigeria (and indeed the rest of Africa) has posed great threats to public institutions’ ability to make reasonable progress in their attempts to drive productivity, economic prosperity and transformation in the 21st century. The situation is made worse by lack of sound and innovative accounting and financial management practices in many public institutions.


In the face of financial constraints, the leadership of our government institutions and departments – Commissioners, Directors, Heads of Department, Permanent Secretaries, Registrars, and other senior officials must be well-equipped with necessary skills and competence to deal with financial matters in more creative and innovative ways – especially considering that many of these leaders do not have finance or accounting background.


This programme is specially designed to assist senior public officials (irrespective of their academic or professional background) to acquire requisite accounting and finance skills for sound decision making as well as enhancing innovative financial management practices in fostering the development on these institutions.


Course Outline

The general outline of the programme would be as follows:

Basic Accounting Concepts and Principles

Fundamentals of Public Finance

Sources of Funding for Public Institutions

Understanding Financial Statements

Cash Budgeting in Public Institutions

The Time Value of Money

Capital Budgeting Decisions

Budgeting and Budgetary Controls

Balancing Recurrent and Capital Expenditure

The Public Private Partnership as a Key Financing Source

Financial Systems Governance in Public Institutions  Wrap Up


For Whom

  • Commissioners
  • Chief Executives
  • Heads of Department
  • Directors
  • Chairmen of Boards
  • Permanent Secretaries
  • Registrars
  • Other Senior Officials


 Course duration:        5 days