Public Financial Management: Understanding Laws, Rules and Regulations on Government Expenditures

Course Focus and Features

This course offers a comprehensive overview of public financial management (PFM) principles with a strong emphasis on the legal and regulatory framework governing government expenditures. It aims to strengthen accountability, promote lawful spending, and equip government personnel with practical knowledge of budget execution, disbursement, and audit compliance.

Key Features:

• In-depth discussion of budget laws, disbursement rules, and COA regulations

• Focus on lawful obligations, proper documentation, and fund utilization

• Clarification of common audit issues and expenditure disallowances

• Real-life examples and case resolutions

• Integration of DBM, COA, and GAA guidelines

Course Objectives

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

1. Understand the legal basis of public expenditures in the Philippines.

2. Apply rules and procedures in budgeting, disbursement, and liquidation.

3. Ensure compliance with COA, DBM, and GAA guidelines.

4. Identify red flags in government spending and avoid audit disallowances.

5. Strengthen internal controls and promote fiscal accountability.

Who Should Attend

This training is essential for NGAs, LGUs, SUCs and GOCCs/GFIs:

• Budget officers and planning officers

• Accountants and financial analysts

• Disbursing officers and cashiers

• Department heads and program implementers

• Internal auditors and COA liaison officers

• LGU and barangay officials

  
  

What You Will Learn

Participants will gain insights and skills in:

• Key legal references: GAA, COA Circulars, DBM issuances and related laws

• Budget preparation, fund release processes, and allotment utilization

• Proper disbursement processes and identification of allowable expenses

• Documentation requirements and audit readiness

• Addressing audit observation and avoiding disallowances

• Best practices in financial accountability and internal control system and audit readiness

Total Number of Hours - 24