Integrated Financial Management Information System (IFMIS)
Monday, February 23, 2026
Category:Accounting & Finance
3
Days
Dubai
9:00am – 4:00pm
Introduction
Financial management is a wide-ranging organization function. It often becomes challenging to keep a track of all the activities of it especially in case of large organizations. Since various activities of financial management are interwoven together it calls for an integrated system that streamlines all the related data and information at one place. What is the IFMIS system? Integrated financial management information system (IFMIS) is a fusion of various information and communication technologies that bring together the functions of budgeting, accounting, financial reporting, cost control, debt management and auditing processes to help the organizations in managing various financial aspects.
IFMIS allows enhanced financial management capabilities. This Solid State Training course will help its participants in using the stored and streamlined financial data for better management. The course gives insight into the framework and functioning of IFMIS. Participants shall be able to generate reports, budgets, track spending and gain a firm grip on sales ledger administration, audits, debt management, etc.
Objectives
On successful completion of the Integrated Financial Management Information System (IFMIS) course participants shall be able to:
- Grasp functioning and the increasing role of IFMIS in organizations especially in the public sector
- Record spending and hence have a better understanding of the organization’s expenditures
- Help in budgeting and financial planning by providing previous financial information
- Assist in preparation of various types of financial reports tailor-made to organizations’ preferences
- Have better monitoring and control over entity’s finances
- Simplify the procedure of data collection and usage hence augmenting decision making
- Assist in audit by providing relevant historical financial information
- Enhance financial transparency and accountability of staff
Training Methodology
This is a collaborative training program on Integrated Financial Management Information System (IFMIS) and will comprise of the following training methodologies: Interactive lecture sessions, Problem solving sessions, Presentations, Case studies, Group discussion, Management games. Solid State Training follows the ‘Do-Review-Learn-Apply’ model.
Organizational Impact
On successful completion of the Integrated Financial Management Information System (IFMIS) course, participants shall be able to benefit their organization in following ways:
- Assist their organization in better management of various financial aspects such as debt, cash, liabilities
- Prove apt budgeting skills hence helping the organization in better financial control
- Prepare financial reports relevant to the organization using historical data and real-time financial data provided in IFMIS
- Assist the management in keeping a better tab on payrolls and human resources management
- Help the organization in prompt regulatory compliance
Personal Impact
Successful completion of the Integrated Financial Management Information System (IFMIS) course shall benefit participants in the following ways:
- Inculcating in them the sense of accountability
- Gain best practices followed in the usage of IFMIS
- Understand the functioning of information system and expand their expertise in the field of financial management and information management
- Make them more financially adept by providing training in preparation of different financial reports
- Enhance decision making skill
Financial managers, credit managers, Departmental heads, managers, executives, corporate managers, Financial analysts, Public financial managers, Auditors, accountants, Bankers, Ministry and government officers, IT professionals.
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