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Online Course: Understanding Public Financial Management: How Is Your Money Spent?

All LevelsSOAS University of LondonEnglish

Understanding Public Financial Management: How Is Your Money Spent?

How do governments acquire and spend public money? Take a fresh look at public financial management with this free online course.

Taught by Common sources of public revenues, including inter-governmental transfers, and alternative sources used by governments across the world

Suitable for everyone

Enroll in This Course

✓ Instant access•✓ Learn at your pace

What You'll Learn in This Course

Master key concepts and practical skills through structured learning modules. By completing this curriculum, you'll gain valuable expertise applicable to real-world scenarios.

Learning Outcome 1

How does the Covid-19 pandemic affect the public finances of governments? What went wrong in Greece’s handling of its public debt? How did a city government like Detroit go from prosperity to bankruptcy? And how could the looting, theft and corruption in Malawi’s “cashgate” have been avoided?

Learning Outcome 2

We are all concerned about where “our” money goes. We all want good roads and schools, thriving industry, and personal and national security, but how can we be sure that public monies are being managed properly, and how can we hold those in charge to account?

Learning Outcome 3

Understand and evaluate the management of public finances

Learning Outcome 4

This free online course will provide you with the knowledge and tools to understand and evaluate the management of financial resources across the public sector, wherever you are.

Learning Outcome 5

Drawing on the expertise of the Centre for Financial and Management Studies at SOAS, University of London, we’ll look at:

Skills You'll Develop

This comprehensive Understanding Public Financial Management: How Is Your Money Spent? curriculum is designed to take you from foundational concepts to advanced implementation. Each module builds upon the previous, ensuring a structured learning path that maximizes knowledge retention and practical application.

Hands-on LearningPractical ExercisesReal-World ProjectsIndustry Best Practices

Course Requirements & Target Audience

Understand what you need to succeed in this course and determine if it's the right fit for your learning goals

Prerequisites & Requirements

What you need before starting this Understanding Public Financial Management: How Is Your Money Spent? course:

Explore and understand the basics of public financial management
Interpret and reflect on simple public sector financial statements
Explain how governments raise finance through various means
Explain how the budget process works at national and sub-national levels
Discuss how auditing is conducted in public sector organisations

Who This Course Is For

This course is perfect for:

Motivated learners at any level
Self-paced students
Anyone interested in the subject

This course might not be suitable if:

• You're looking for a quick tutorial rather than comprehensive learning
• You prefer learning without structured curriculum
• You need highly specialized or niche content

Course Information & Details

Everything you need to know about this online course, from duration to certification

Course Instructor

Common sources of public revenues, including inter-governmental transfers, and alternative sources used by governments across the world

Expert instructor with industry experience

Subject Category

Business & Management, Politics & Society, Finance & Accounting

Part of our Business & Management, Politics & Society, Finance & Accounting curriculum

Course Language

English

All materials in English

Start Your Learning Journey Today

This online course offers comprehensive training with expert instruction, practical exercises, and a certificate of completion. Join thousands of students advancing their careers through quality online education.

SOAS University of London Course

Course Enrollment

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What's Included

Understanding financial statements: an examination of the information contained in common accounting terms
Fiscal imbalances: causes and consequences
Understanding public sector spending: how governments spend public money to implement public policies and execute programmes and projects
Planning and budgeting: an analysis of how public expenditure decisions are made
Evaluating public expenditures: understanding the effect of public spending decisions
Cutting expenditures and the austerity agenda: how government austerity policies are used to reduce government activity

View Course & Enroll

✓Instant access after enrollment
✓Learn at your own pace
✓Direct enrollment with SOAS University of London

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