Financial Control in Cash Management: Ensuring Accountability and Efficiency

Course Focus and Features

This course focuses on strengthening financial control mechanisms in cash management to ensure transparency, prevent misuse, and improve the efficiency and effectiveness of government fund utilization, in alignment with relevant laws and regulations governing public sector operations.

Key Features:

• • Emphasis on accountability, audit readiness, and internal control

  • Practical application of cash handling policies and best practices

  • Case studies on fraud prevention and financial mismanagement

  • Interactive activities and real-life scenario simulations

Course Objectives

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

1. Understand the fundamental principles of financial control in cash management.

2. Apply effective cash handling and disbursement procedures.

3. Identify and mitigate risks associated with cash transactions.

4. Ensure compliance with financial policies, regulations, and audit requirements.

5. Promote accountability, transparency, and efficiency in the use of funds.

Who Should Attend

This training is designed for public sector professionals responsible for managing, disbursing, auditing, or overseeing cash operations. It is ideal for personnel from NGAs, LGUs, GOCCs/GFIs, and SUCs, including:

• • Finance and accounting officers

  • Cashiers and disbursing officers

  • Internal auditors and compliance personnel

  • Budget officers and fund custodians

What You Will Learn

Participants will gain knowledge and skills in:

• • Cash management fundamentals and best practices

  • Setting up and maintaining internal financial controls

  • Detecting and preventing fraud and financial irregularities

  • Compliance with relevant legal and audit standards

  • Enhancing transparency and accountability in cash transactions

Total Number of Hours - 24