BFN411PUBLIC FINANACIAL MANAGEMENT

BFN411 focuses on the principles and practices involved in managing public sector finances, with an emphasis on budgeting, financial planning, and the management of public funds. The course covers essential topics such as public budgeting processes, revenue generation, expenditure control, and fiscal policy. Students will gain insight into how governments at various levels raise funds, allocate resources, and manage public financial operations to achieve economic stability and sustainable development. Additionally, the course explores the role of financial management in ensuring accountability, transparency, and the efficient use of public resources.

The course also highlights the importance of financial reporting, auditing, and compliance in public financial management. Students will examine the regulatory frameworks governing public finance, including government accounting standards and international best practices. Through case studies and practical applications, students will understand the challenges of managing public finances, especially in developing economies, and develop the skills necessary to work in government agencies, international organizations, or non-governmental organizations (NGOs) involved in public sector financial management.