Why other organizations will come FIMA for training

Md. Abdul Wadud Deputy Director Financial Management Academy

Md. Abdul Wadud
Deputy Director
Financial Management Academy

Financial Management Academy (FIMA) is the unique training institute in Bangladesh which provide comprehensive training in public financial sector. Earlier its function was confined in Audit and Accounts department. After renaming FIMA its jurisdiction has been increased. There are a lot of experienced trainers or resource persons in audit and accounts department who provide training in FIMA in various issue of Public Finance Management. According to Rules of Business and Delegation of Financial and Administrative power, ministry of Finance is the sole authority to formulate rules and regulation of repubic’s financial management like fiscal policy, budget allocation, monitoring, service rules, treasury rules, service condition, general financial rules etc.

The officers of Audit and Accounts department have unique scope to work above mentioned field. The Comptroller and Auditor General of Bangladesh is solely responsible for pre-audit and post audit in Bangladesh. During pre-audit function and post audit function OCAG tries to ensure transparency, accountability and efficiency in the public sector of Bangladesh.
FIMA provides training in two dimensions, a) Training for official and staffs for Audit and Accounts department b) Officers for other public departments like ministry, divisions, department , local government institutions, development projects. Other than audit and accounts departments, they have no enough skilled resource persons to provide training for public finance management . So other public institutes and organization should come to FIMA for training in public finance management for sound management of public resources.

FIMA officials are receiving Brig Gen Shah Alam with flower bouquet at FIMA. Md. Abdul Wadud is seen present.

FIMA officials are receiving Brig Gen Shah Alam with flower bouquet at FIMA. Md. Abdul Wadud is seen present.

The functions of budget preparation, execution, accounts keeping process, documents preparation and maintenance, role of drawing and disbursing officer, fund release procedure, reporting format, broadsheet reply of audit observation are very important for any public sector institute or department. To ensure standard in the above mentioned field other institute should come FIMA for training in Public Finance Management.