PUBLIC FINANCE MANAGEMENT

PUBLIC PROCUREMENT Public procurement refers to the purchase by governments and state-owned enterprises of goods, services and works. Public procurement remains the government activity most vulnerable to waste, fraud and corruption due to the size of the financial flows involved. Effective implementation of critical capital intensive development projects requires integration of procurement with planning and […]

LOCAL GOVERNMENT REFORMS A significant amount of work has been undertaken in recent years to review and improve the local government sector. We provide the Government with end to end consulting services to help them to implement reforms in an effective and timely manner with desired goals achieved. Local self-government has high administrative cost without […]

AUDITING AND ACCOUNTING Our Assurance, Audit and Attestation services are aimed at assisting stakeholders. Our audit approach incorporates ideal practices that are customized in accordance with the capacity of an organization. Complicated issues like International Financial Reporting Standards and Sarbanes will ease. We assist an institution in achieving its goals by ushering a methodical system […]

PERFORMANCE BUDGETING Performance budgeting is a shift from traditional budgeting. It has evolved through Inputs, Activities, Output, Outcome, and Performance, which makes allocation and use of public budget effective. We emphasize ministries to focus from outlays to performance. Our parameter settings for performance measurement tools help in better service delivery , Decision making and evaluating […]

MONITORING AND EVOLUTION Monitoring and evaluation (M&E) is a process that helps improve performance and achieve results. Its goal is to improve current and future management of outputs, outcomes and impact. We assess the performance of projects, institutions and programs set up by governments, international organizations and NGOs by establishing links between the past, present […]

MACROECONOMIC STABILIZATION A stabilization policy is a macroeconomic strategy enacted by governments and central banks to keep economic growth stable, along with price levels and unemployment. Macroeconomic stability acts as a buffer against currency and interest fluctuations in the global market. Public Finance Management MacroEconomic Stabilization Monitoring and Evolution Performance Budgeting Auditing & Accounting Local […]

PUBLIC FINANCE MANAGEMENT Public financial management is the system by which the financial aspects of the public services’ business are directed, controlled and influenced, to support the delivery of the sector’s goals. PFM systems are embedded in—and influenced by—broader sets of processes, systems and institutions. PFM systems are also part of broader national policy processes, […]