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UID:1762@x8ti.com
DTSTART;TZID=Europe/Berlin:20261123T090000
DTEND;TZID=Europe/Berlin:20261127T130000
DTSTAMP:20260208T142243Z
URL:https://x8ti.com/event/integrated-financial-management-information-sys
 tem-ifmis-training-course-3/
SUMMARY:Integrated Financial Management Information System (IFMIS) Training
  Course
DESCRIPTION:Introduction \nFinancial management encompasses a wide range o
 f organizational functions\, making it challenging to keep track of all ac
 tivities\, especially in large organizations. Integrated Financial Managem
 ent Information System (IFMIS) is designed to streamline various financial
  management aspects\, including budgeting\, accounting\, financial reporti
 ng\, cost control\, debt management\, and auditing processes.\nLearning Ob
 jectives\nUpon completing the Integrated Financial Management Information 
 System (IFMIS) course\, participants will:\n\n 	Understand the role and in
 creasing importance of IFMIS in organizations\, particularly in the public
  sector.\n 	Record and comprehend organizational expenditures.\n 	Assist i
 n budgeting and financial planning using historical financial data.\n 	Pre
 pare various financial reports tailored to organizational needs.\n 	Achiev
 e better monitoring and control over organizational finances.\n 	Simplify 
 data collection and enhance decision-making.\n 	Facilitate audits by provi
 ding relevant historical financial information.\n 	Enhance financial trans
 parency and accountability within the organization.\n\nTraining Methodolog
 y\nThis collaborative training program includes:\n\n 	Interactive lecture 
 sessions\n 	Problem-solving sessions\n 	Presentations\n 	Case studies\n 	G
 roup discussions\n 	Management games Xcelerate Training Institute utilizes
  the ‘Do-Review-Learn-Apply’ model for effective learning.\n\nBenefits
  for Your Organization\nOrganizations will benefit from:\n\n 	Improved man
 agement of financial aspects such as debt\, cash\, and liabilities.\n 	Enh
 anced budgeting skills leading to better financial control.\n 	Preparation
  of relevant financial reports using historical and real-time financial da
 ta.\n 	Better management of payroll and human resources.\n 	Prompt regulat
 ory compliance.\n\nBenefits for You\nParticipants will gain:\n\n 	A sense 
 of accountability.\n 	Best practices in the usage of IFMIS.\n 	Expertise i
 n financial management and information systems.\n 	Skills in preparing var
 ious financial reports.\n 	Enhanced decision-making abilities.\n\nTarget A
 udience\nThis course is ideal for:\n\n 	Financial managers and credit mana
 gers\n 	Departmental heads\, managers\, executives\, and corporate manager
 s\n 	Financial analysts\n 	Public financial managers\n 	Auditors and accou
 ntants\n 	Bankers\n 	Ministry and government officers\n 	IT professionals\
 n\nCourse Outline\nIntegrated Financial Management Information System (IFM
 IS)\n\n 	Role and Benefits of IFMIS\n 	Components of IFMIS\n 	Financial Pl
 anning and Analysis\n 	Elements of IFMIS: Ledger Administration\, Payroll 
 System\, Asset Module\, Accounting Module\n 	Impact on Corruption\n 	Insti
 tutional Challenges\n\nPublic Financial Management\n\n 	Public Financial M
 anagement Cycle and Its Connection with IFMIS\n 	Relation with Governance\
 n 	Public Debt Management\n 	Budgeting and Long-Range Planning\n\nLevels o
 f Integration\n\n 	Integrating Budget into IFMIS\n 	Integrated Chart of Ac
 counts\n 	Treasury Management\n\nChange Management\n\n 	Understanding Risk
  in Implementation\n 	Organization Development\n 	Change Management Strate
 gies\n 	Building Communication Strategies\n 	Change Capability Blueprint\n
 \nDevelopment of IFMIS\n\n 	Commercial Off-the-Shelf (COTS)\n 	Deciding Be
 tween Off-the-Shelf and Tailor-Made\n 	Security Settings in IFMIS\n 	Busin
 ess Process Re-engineering\n\nAuditing and Financial Reporting\n\n 	Audit 
 Trails\n 	Financial Audit\, Systems Audit\n 	Preparation of Budgets\, Cost
  Reports\, etc.\n 	Accounting Information System\n 	Internal Controls\n\nI
 mplementation of IFMIS\n\n 	Procurement of Software/Hardware\n 	Technology
  Components\n 	Project Management\n 	Testing\n 	Phased Approach to Impleme
 ntation\n 	Work Breakdown Structure\n\nCountry Cases of IFMIS and Best Pra
 ctices\n\n 	Case Studies of Nations\n 	Learning from Failed Implementation
 \n 	Best Practices: Capacity Building\, Establishment of Objectives\, Proj
 ect Management\n
CATEGORIES:Accounting &amp; Finance
LOCATION:Berlin Training Courses\, Hotel Adlon Kempinski Berlin\, Berlin\, 
 Germany\, Germany
X-APPLE-STRUCTURED-LOCATION;VALUE=URI;X-ADDRESS=Hotel Adlon Kempinski Berli
 n\, Berlin\, Germany\, Germany;X-APPLE-RADIUS=100;X-TITLE=Berlin Training 
 Courses:geo:0,0
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BEGIN:VTIMEZONE
TZID:Europe/Berlin
X-LIC-LOCATION:Europe/Berlin
BEGIN:STANDARD
DTSTART:20261025T020000
TZOFFSETFROM:+0200
TZOFFSETTO:+0100
TZNAME:CET
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