Understanding Public Finance

Effective, efficient and transparent public financial management is key to preventing corruption and other forms of misuse of public assets. The aim is to enhance the capacity of authorities to plan, implement and execute budgets and to increase standards of integrity and transparency in doing so.
What is Public Finance Management?
PFM is the administration of funds used to deliver public services like education, healthcare, and infrastructure.
Sound and transparent management of public finances requires sound and transparent legislative, regulatory and policy frameworks, as well as their enforcement. The proper management of public finances promotes accountability and increases the credibility of the public administration for stakeholders.
Ultimately, proper PFM is essential to achieving development goals.

Programme goals and impact

The key goals of Public Finance Management programme include: 

  • Improve and better coordinate budget cycle processes at subnational level.
  • Strengthen transparency and accountability of public funds managed by subnational entities.
  • Strengthen institutional PFM capacity at subnational level.
  • Promote dialogue with the central government in order to improve the sustainability of PFM reforms at subnational level and disseminate them in other regions.


One of our key objectives under the Subnational PFM programme is to help current and future public sector workers obtain the skills they need for effective, transparent management of public finances. 

We also support capacity building for prosecutors, investigators and members of the judiciary to recover stolen public assets and investigate allegations of corruption.

Current courses


Operational analysis

Analysis of suspicious transactions for activities related to money laundering or the financing of terrorism is a core function of Financial Intelligence Units. In this course, you will learn how to analyse and assess the risk of suspicious transactions. This course is co-developed with the Egmont Group.

For: FIU analysts, law enforcement agencies
Languages: English, Spanish, French, Russian, Latvian
Duration: 8 hours


Financial analysis using Excel

For most investigators, Excel is the tool of choice to analyse financial information. In this course, you will learn all the skills you need to prepare and conduct an analysis of financial data using Excel.

For: investigators, prosecutors, FIU analysts
Language: English
Duration: 5 hours


Visualise cases and flows of money

Corruption and money laundering cases often involve complex networks of people, companies and transactions. Creating a graph can make it easier for you and others to understand the structure of a case or the flow of money. In this course, you will learn to use the free software yEd to create such graphs.

For: investigators, prosecutors, FIU analysts
Language: English
Duration: 5 hours


Source and Application

How do you uncover the illegal income of a suspect? The “Source and Application” method is the key to proving a bribery or money laundering case even if you do not have any direct evidence. In this course, you will learn how to gather information from various financial sources and calculate the illegal or unknown income of a suspect.

For: investigators, prosecutors, FIU analysts
Language: English
Duration: 5 hours

Integrity and Anti-Corruption: blended training

• Course Introduction:
• Course modality:
• Key Information
• Learning Objectives
• Intended Audience
Course Introduction:
This blended course will help you to understand the drivers of corruption. You will strengthen your analytical skills and learn about the instruments necessary to develop integrity and anti-corruption policies and programmes in line with recent international initiatives, legislation, and agreements.
Course modality:
This module will consist of several assignments spread throughout the timeframe provided..

Learning Objectives
This course will help you:
• Examine the cross-cutting nature of corruption and its impact on social and economic development and the rule of law;
• Assess corruption vulnerabilities in governance institutions and processes;
• Learn about innovative instruments related to integrity and anti-corruption, and analyse how these instruments can be employed to work in your organisation/country;
• Engage with governments, civil society and private sector leaders to develop and implement integrity and anti-corruption policies and programmes with a view to achieving sustainable and equitable development;
• Support integrity and anti-corruption initiatives and agencies in locally appropriate ways;
• Learn from the experiences of the experts, as well as your fellow participants, and expand your professional network in the field of integrity and anti-corruption.

Intended Audience
This course is intended for consultants and professionals working for; government, international organisations or NGOs and who are involved in anti-corruption, transparency and accountability processes in relation to development and governance.