FreeBalance Partners with CIPFA to Deliver International PFM Training

FreeBalance to be accredited by the Chartered Institute of Public Finance and Accountancy to deliver international public financial management training

Ottawa, Canada (October 11, 2012) – FreeBalance, a leading vendor of Government Resource Planning (GRP) software, is pleased to announce a new alliance with the Chartered Institute of Public Finance and Accountancy (CIPFA) that will help to strengthen Public Financial Management (PFM) in FreeBalance customer countries. FreeBalance will be accredited to provide training to students who enrol on CIPFA’s International PFM courses.

As the world’s only professional accountancy organisation to specialise in the public services, CIPFA’s qualifications are the foundation for a career in public finance. They include the benchmark professional qualification for staff working in public finance. “CIPFA is the leading provider of specialist PFM qualifications in the world and we’re excited by the opportunity to introduce the CIPFA certification program to our customers,” said Manuel Pietra, President & CEO of FreeBalance. “FreeBalance and CIPFA are in a unique position to help some of the most progressive countries in the world build the necessary PFM capacity to support good governance and improve public services.”

The CIPFA certification program courses consist of the following suite of progressive qualifications:

Certificate in International Public Financial Management (Cert IPFM)

Financial Accounting, Management Accounting, and Country-Specific Public Financial Management

Diploma in International Public Financial Management (Dip IPFM)

Public Sector Financial Reporting, Audit and Assurance, Managing Organisations, and Managing Finance

Advanced Diploma in International Public Financial Management (Ad Dip IPFM)

Public Policy, Governance and Ethics, Public Finance, Corporate Financial Reporting, and Strategy

Professional Qualification in International Public Financial Management (PQ IPFM)

Strategic Leadership and Strategic Financial Management

Students who complete the Professional Qualification in International Public Financial Management will be entitled to apply for membership of CIPFA and to use the designation Chartered Public Finance Accountant (CPFA). “CIPFA and FreeBalance are committed to helping strengthen PFM in countries around the world. FreeBalance customers will benefit from having staff trained to the highest standards, certified by CIPFA”, said Alan Edwards, International Director of CIPFA. “CIPFA and FreeBalance recognize that a key component of an effective PFM system is the existence of properly trained and qualified PFM practitioners working in government.”

About CIPFA
CIPFA is the professional body for people in public finance. Its 14,000 members work throughout the public services, in national audit agencies, in major accountancy firms, and in other bodies where public money needs to be effectively and efficiently managed.

Globally, CIPFA has launched a campaign – Fixing the Foundations - calling for sound public financial management and good governance. CIPFA works with donors, partner governments, accountancy bodies and the public sector around the world to advance public finance and support better public services.

For further information, visit www.cipfa.org

About FreeBalance
FreeBalance helps governments around the world leverage robust Government Resource Planning (GRP) technology to accelerate country growth. FreeBalance is a recognized as leader in fast, adaptable and successful GRP implementations. FreeBalance software manages a global civil service workforce of 1,500,000, and a quarter trillion ($US) annual budgets worldwide. FreeBalance provides software solutions for public financial and human resource management, and supports reform and modernization to improve governance, transparency and accountability. Good governance is required to improve development results.

For more information, visit www.freebalance.com.

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