Content Type:
Virtual Classroom
Remark:
This is a blended programme comprising asynchronous (e-learning) and synchronous (instructor-led) components. Asynchronous learning will take place on LEARN Digital Classroom (LEARN DC), a one-stop space for you to access your virtual classroom sessions, programme-related online learning materials, quizzes and assignments, as well as meet your classmates for discussions. You do not need a LEARN account to access this programme.
You are required to complete the pre-programme E-learning before the start of the virtual classroom session.
Who Should Attend:
You are a Finance Public Officer who has two years or less experience in the Public Service Finance Function.
Programme Overview
If you are a Finance officer who has less than two years of experience working in the Public Sector or keen to learn about public finance, this is the programme for you.
Through three blended learning modules, you will learn about Public Finance policies, government accounting and become familiar with central financial systems. This helps you understand your role and other roles in finance better. You may attend the modules in any order.
NOTE: FPFM Module 1 is under course review and revamp to enhance your learning experience. Therefore, it will be unavailable till further notice. Thank you for your understanding.
Learning Outcomes
- Identify the underlying governance structure of Public Finance and the key roles played by Public Finance Officers in their agencies
- Describe relevant Finance policies and IM, and understand the framework and key concepts in the preparation and administration of government budgeting
- Understand the costing and budgeting approaches, approval, evaluation and risk management of Development Projects
- Recognise the various aspects of key financial operations to ensure the smooth running of government administration
- Explain the overview and key concepts of financial management in Statutory Boards (SBs)
Last updated:
Pre-Class E-learning: Budgeting
- Introduction to Government Finance and Government Budget
- Understanding Budget Policies
- Budgetary Administration
- Budget Preparation Governance and Development Projects
- Development Budget Policies
- Development and Infrastructure Funding
- Risk Management Operational Finance
- Accountability and Internal Controls
- Finance Operations
- Receipts and Payment Management
- Performance Management and Reporting
- Audits Statutory Boards Finance
- Statutory Board Financial Management
- Capital Management Framework
- Management of Funds
- Retention of Surplus
- Revenue Collection
- Contributions to Consolidated Funds
- Government Grants & Loans
Day 1: Government Budgeting
- Overview of Government Structure
- The Evolving Role of Finance
- Introduction to Government Budgeting
- Understanding Budget Policies and Administration
- Evaluation and Funding:
- Preparing Reinvestment Funds (RF) and Manpower Management Framework (MMF) proposals
- Operational Finance
- Start and End of FY Activities
- Receipt Management
- Identify Internal Controls Issues Statutory Boards Finance
- Capital Management Framework for Statutory Boards
- Management of Funds for Statutory Boards
- Retention of Surplus by Statutory Boards
Day 1.5: Governance, Funding and Development Projects
- Costing and Budgeting of Infrastructure Projects
- Development Project Evaluation
Koh Gim Liong
Koh Gim Liong has worked in both civil service and private sector for more than 10 years before he made a career switch to training. His private and public sector experience is diversified and covers training, financial advisory, project management, ERP implementation, business process re-engineering, auditing, financial and operations management. He began his career as an auditor in an international accounting firm before joining the public sector as an accountant in the Accountant-General’s Department, Ministry of Finance. During his secondment to the Singapore Police Force, he was responsible for the finance operations and implementation of key financial initiatives. At the Ministry of Education, he was managing the operating budget section and evaluating budget proposals. Gim Liong also worked in a listed financial institution where he led the team responsible for accounting (covering operations, acquisitions and investment products). In the area of training, Gim Liong has conducted many workshops with learners from more than 10 countries. Over the past 12 years, he has been sharing his knowledge and experience in areas like financial advisory, accounting, investing, budgeting, procurement, outsourcing as well as the governance framework in the Singapore public sector. Gim Liong graduated from Nanyang Technological University. He is a Chartered Accountant of Singapore (CA Singapore) as well as a Chartered Financial Analyst (CFA) holder. He also holds several finance-related certificates in insurance and investments (awarded by the Singapore College of Insurance) as well as the Advanced Certificate in Training and Assessment (Facilitated Learning) (awarded under the Singapore Workforce Skills Qualifications System). He is an Associate Adult Educator, a recognition given by the Institute of Adult Learning to established educators who have demonstrated significant experience in training delivery and assessment. He is also a certified Enneagram and NLP Executive Coach.
Chen Shian Jan
Shian Jan started his career with the Accountant-General's Department (AGD) and was later posted to the Ministry of Finance (MOF) headquarters. He was extensively involved in various aspects of Public Financial Management during his service in the Singapore Public Service. This included the administration of the Government's central accounting system, preparation of the annual Government financial statements, budgetary allocation for several ministries, and formulation of public service-wide policies such as financial management and government procurement in the Instruction Manuals, protection of Singapore's reserves, Budgeting for Results and Managing for Excellence (MFE).Shian Jan graduated from the National University of Singapore and is currently a non-practising Chartered Accountant. He also holds an Advanced Certificate in Training and Assessment (Facilitated Learning) by the Singapore Workforce Skills Qualification (WSQ) system, as well as the WSQ Diploma in Adult and Continuing Education (DACE). Shian Jan was also awarded the Commendation Medal (Pingat Kepu-jian), 1999 National Day Award. As an associate trainer, he had received the Trainer Excellence Award 2013 from the Civil Service College.
