Integrated Financial Management Information System (IFMS): Implementation, Use and Control Training Course


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Course Overview:
This 5-day course offered at IRES is designed to provide participants with a thorough understanding of the Integrated Financial Management Information System (IFMS) and its critical role in public financial management. Participants will learn best practices in IFMS implementation, management, and control, including system design, data management, and security. Through practical exercises and case studies, this course equips participants to effectively use IFMS for budgeting, financial reporting, and control processes, thereby enhancing transparency, efficiency, and accountability in financial operations.

Course Duration:
5 Days

Target Audience:

  • Public sector financial managers and accountants
  • IT and financial control officers responsible for implementing and managing IFMS
  • Project managers overseeing IFMS implementation
  • Auditors and compliance officers in the public sector
  • Anyone interested in learning the effective use of IFMS in financial management

Personal Impact:

  • Gain in-depth knowledge of IFMS operations and components.
  • Develop skills in managing IFMS implementation and upgrades.
  • Enhance abilities to use IFMS for improved budgeting, monitoring, and reporting.

Organizational Impact:

  • Strengthen financial management and reporting processes with IFMS.
  • Enhance transparency, accountability, and control in financial operations.
  • Support organizational goals through efficient resource management and financial planning.

Course Level:

Course Objectives:
By the end of this course, participants will be able to:

  • Understand the components and functions of IFMS.
  • Plan and manage the IFMS implementation process effectively.
  • Use IFMS for financial planning, budgeting, and reporting.
  • Ensure data accuracy and system security in IFMS operations.
  • Monitor, control, and troubleshoot IFMS-related challenges.

Course Outline:

Module 1: Introduction to IFMS and Its Importance

  • Overview of IFMS and its role in public financial management
  • Key benefits and challenges of IFMS implementation
  • IFMS components: budgeting, accounting, procurement, and reporting
  • Practical Exercise: Mapping IFMS modules to organizational needs

Module 2: Planning and Implementing IFMS

  • Steps for successful IFMS implementation
  • Assessing organizational readiness and resource requirements
  • Key roles in the IFMS implementation team
  • Case Study: Review of a successful IFMS implementation project

Module 3: Using IFMS for Financial Planning and Budgeting

  • Budget preparation and execution using IFMS
  • Integration of IFMS with budgeting processes
  • Techniques for monitoring budget performance through IFMS
  • Practical Exercise: Creating a sample budget in IFMS

Module 4: Financial Reporting and Data Management in IFMS

  • Real-time reporting and financial analysis using IFMS
  • Techniques for ensuring data accuracy and consistency
  • Managing data flows and reporting requirements
  • Real-life Project: Generating financial reports using IFMS data

Module 5: Security, Compliance, and Troubleshooting in IFMS

  • Importance of system security and data protection
  • Access control, user permissions, and auditing in IFMS
  • Common IFMS challenges and troubleshooting methods
  • Case Study: Enhancing security and compliance in IFMS

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Course Administration Details:

METHODOLOGY

The instructor-led trainings are delivered using a blended learning approach and comprise presentations, guided sessions of practical exercise, web-based tutorials, and group work. Our facilitators are seasoned industry experts with years of experience, working as professionals and trainers in these fields. All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.

ACCREDITATION

Upon successful completion of this training, participants will be issued an Indepth Research Institute (IRES) certificate certified by the National Industrial Training Authority (NITA).

TRAINING VENUE

The training will be held at IRES Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch. All participants will additionally cater to their travel expenses, visa application, insurance, and other personal expenses.

ACCOMMODATION AND AIRPORT PICKUP

Accommodation and airport pickup are arranged upon request. For reservations contact the Training Officer.

TAILOR-MADE

This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our IRES Training Centre or at a convenient location. For further inquiries, please contact us on:

PAYMENT

Payment should be transferred to the IRES account through a bank on or before the start of the course. Send proof of payment to [email protected]


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Who else has taken this course?


# Job Title Organisation Country
1 Accountant National Council for Higher Education Malawi
2 Kenya Animal Genetic Resources Centre Kenya
3 PRINCIPAL FINANCE OFFICER Office of the Director of Public Prosecution Kenya
4 Kenya Animal Genetic Resources Centre Kenya
5 Accountant National Council for Higher Education Malawi
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