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DES213Social Sciences2 Unitsintermediate

INTRODUCTION TO PUBLIC FINANCE MANAGEMENT

This course introduces the principles and concepts of public finance management. It covers the macroeconomic framework, legal and regulatory aspects, and success factors for effective public financial management. Students will learn about financial reporting, auditing, budgeting, revenue management, supply chain management, and public asset management. The course also addresses fraud prevention and financial misconduct in the public sector, providing a comprehensive overview of public finance management practices in Nigeria.

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52h
Study Time
13
Weeks
4h
Per Week
basic
Math Level
Course Keywords
Public FinanceBudgetingAuditingRevenue ManagementFraud Prevention

Course Overview

Everything you need to know about this course

Course Difficulty

Intermediate Level
Builds on foundational knowledge
65%
intermediate
Math Level
Basic Math
📖
Learning Type
Theoretical Focus

Course Topics

Key areas covered in this course

1

Public Financial Management Principles

2

Macroeconomic Framework

3

Legal and Regulatory Framework

4

Financial Reporting and Auditing

5

Budgeting Processes

6

Revenue Management

7

Supply Chain Management

8

Public Asset Management

9

Fraud Prevention

Total Topics9 topics

Requirements

Knowledge and skills recommended for success

Basic Accounting Principles

Introduction to Economics

💡 Don't have all requirements? Don't worry! Many students successfully complete this course with basic preparation and dedication.

Assessment Methods

How your progress will be evaluated (3 methods)

assignments

Comprehensive evaluation of course material understanding

Written Assessment

tutor-marked assessments

Comprehensive evaluation of course material understanding

Written Assessment

final examination

Comprehensive evaluation of course material understanding

Computer Based Test

Career Opportunities

Explore the career paths this course opens up for you

Financial Analyst

Apply your skills in this growing field

Budget Analyst

Apply your skills in this growing field

Auditor

Apply your skills in this growing field

Public Sector Accountant

Apply your skills in this growing field

Procurement Officer

Apply your skills in this growing field

Industry Applications

Real-world sectors where you can apply your knowledge

Government AgenciesPublic Sector OrganizationsNon-Profit OrganizationsFinancial InstitutionsAuditing Firms

Study Schedule Beta

A structured 13-week journey through the course content

Week
1

Module 1: INTRODUCTION TO PUBLIC FINANCIAL MANAGEMENT

2h

Unit 1: Introduction to Public Financial Management

2 study hours
  • Read Unit 1: Introduction to Public Financial Management, focusing on the definition, objectives, and key elements of PFM.
  • Complete Self-Assessment Exercise 1 to test your understanding of the elements of PFM.
Week
2

Module 1: INTRODUCTION TO PUBLIC FINANCIAL MANAGEMENT

2h

Unit 2: Macro Economic Framework for Managing Public Financial Management

2 study hours
  • Study Unit 2: Macro Economic Framework for Managing Public Financial Management, paying attention to fiscal policy and its impact.
  • Complete Self-Assessment Exercise 1 to reinforce your understanding of the macroeconomic framework.
Week
3

Module 1: INTRODUCTION TO PUBLIC FINANCIAL MANAGEMENT

2h

Unit 3: Legal and Regulatory Framework for Managing Public Financial Management

2 study hours
  • Review Unit 3: Legal and Regulatory Framework for Managing Public Financial Management, focusing on the Nigerian context.
  • Complete Self-Assessment Exercise 1 to test your knowledge of the legal framework.
Week
4

Module 1: INTRODUCTION TO PUBLIC FINANCIAL MANAGEMENT

2h

Unit 4: Success Factors of good Public Financial Management

2 study hours
  • Study Unit 4: Success Factors of good Public Financial Management, focusing on the importance of sound PFM and key elements for success.
  • Complete Self-Assessment Exercise 1 to identify the importance of sound PFM.
Week
5

MODULE 2 FINANCIAL REPORTING AND AUDITING

2h

Unit 1: Financial Reporting

2 study hours
  • Read Unit 1: Financial Reporting, focusing on the objectives, challenges, and benefits of financial reporting.
  • Complete Self-Assessment Exercise 1 to test your understanding of financial reporting.
Week
6

MODULE 2 FINANCIAL REPORTING AND AUDITING

2h

Unit 2: Analyzing Financial Report and Audit

2 study hours
  • Study Unit 2: Analyzing Financial Report and Audit, paying attention to ratio analysis and the objectives of auditing.
  • Complete Self-Assessment Exercise 1 to practice analyzing financial reports.
Week
7

MODULE 2 FINANCIAL REPORTING AND AUDITING

2h

Unit 3: Accounting Practice and Financial Management Cycle

2 study hours
  • Review Unit 3: Accounting Practice and Financial Management Cycle, focusing on different accounting practices and the financial management cycle.
  • Complete Self-Assessment Exercise 1 to test your knowledge of accounting practices.
Week
8

MODULE 2 FINANCIAL REPORTING AND AUDITING

2h

Unit 4: Financial Misconduct

2 study hours
  • Study Unit 4: Financial Misconduct, focusing on types of fraud and solutions to curb financial misconduct.
  • Complete Self-Assessment Exercise 1 to identify types of fraud.
Week
9

MODULE 3 BUDGETING

2h

Unit 1: Introduction to Budgeting

2 study hours
  • Read Unit 1: Introduction to Budgeting, focusing on the definition, purpose, and Nigerian budget process.
  • Complete Self-Assessment Exercise 1 to test your understanding of the budget process.
Week
10

MODULE 3 BUDGETING

2h

Unit 2: Revenue Management

2 study hours
  • Study Unit 2: Revenue Management, paying attention to the importance and principles of public sector revenue management.
  • Complete Self-Assessment Exercise 1 to define revenue management.
Week
11

MODULE 3 BUDGETING

2h

Unit 3: Supply Chain Management

2 study hours
  • Review Unit 3: Supply Chain Management, focusing on the processes, principles, and challenges in public procurement.
  • Complete Self-Assessment Exercise 1 to discuss the functions of the Bureau of Public Procurement.
Week
12

MODULE 3 BUDGETING

2h

Unit 4: Public Asset Management and Fraud Prevention

2 study hours
  • Study Unit 4: Public Asset Management and Fraud Prevention, focusing on the objectives of public asset management and fraud prevention strategies.
  • Complete Self-Assessment Exercise 1 to explain asset management.
Week
13

Review

4h

Final Revision

4 study hours
  • Review all modules and units, focusing on key concepts and self-assessment exercises.
  • Prepare for assignments and final examination.

This study schedule is in beta and may not be accurate. Please use it as a guide and consult the course outline for the most accurate information.

Course PDF Material

Read the complete course material as provided by NOUN.

Access PDF Material

Study Tips & Exam Preparation

Expert tips to help you succeed in this course

1

Review all unit objectives and ensure you can address each one.

2

Practice ratio analysis problems from Unit 2 to improve analytical skills.

3

Create a flowchart of the Nigerian budget process from Unit 1 of Module 3.

4

Summarize the key legal and regulatory frameworks discussed in Unit 3 of Module 1.

5

Focus on understanding the different types of fraud and prevention strategies from Unit 4 of Module 2.

6

Allocate study time proportionally based on the weight of each module in the final exam.

7

Review all Tutor Marked Assignments (TMAs) and their solutions.

8

Create concept maps linking key concepts from different modules.

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