CA34S4: Advanced Public Financial Management

CA34S4: Advanced Public Financial Management is an Advanced Level paper in the KASNEB CPA qualification. It equips learners with advanced knowledge and practical skills required to manage public sector financial resources effectively, promote accountability and transparency, and support sound fiscal governance. The course emphasizes public financial management systems, government budgeting, fiscal policy, public sector accounting, performance management, and governance in line with national and international best practices.

Key Topics Covered

• Advanced Public Financial Management Framework
• Public Sector Governance and Accountability
• Government Budgeting and Budgetary Control
• Fiscal Policy and Macroeconomic Management
• Public Sector Accounting and Financial Reporting
• Public Revenue and Expenditure Management
• Public Debt Management
• Public Procurement and Asset Management
• Public Sector Internal Controls
• Public Sector Auditing
• Performance Measurement and Evaluation
• Public-Private Partnerships (PPPs)
• Public Sector Reforms and Financial Sustainability
• Risk Management in the Public Sector
• Emerging Issues in Public Financial Management
• Professional Ethics in Public Finance