Emirates News Agency(WAM) Saturday, Jul
13, 2024 | Muharram 7, 1445
MoF concludes H1 2024 Government Financial Management Awareness Programme
United Arab Emirates:
The Ministry of Finance has wrapped up its
Government Financial Management Awareness Programme for the first half of the
year, after offering nine courses attended by over 1,000 employees from 48
federal entities.
The programme provided comprehensive training on various aspects of effective
government financial management, including government procurement, accounting
standards, debt collection, tax procedures, financial period closure, asset
management, and the preparation of financial statements using the Hyperion HFM
system.
Mariam Mohammed Al Amiri, Assistant Under-Secretary of Government Finance
Management at the Ministry of Finance, stated, “The awareness programme was
specifically designed for employees of the Ministry and federal entities. It
meticulously selected topics that meet the diverse needs of all involved
entities, reflecting the Ministry's commitment to enhancing employee efficiency
across all institutions. The programme not only helped employees understand
relevant laws and regulations but also fostered integrated relationships with
key authorities, boosting the business environment and competitiveness of the
UAE.”
Al Amiri further emphasised that such programmes play a pivotal role in
developing human capital, the backbone of the knowledge economy, adding that
training activities not only help develop the technical, behavioural, and
administrative skills of employees but also empower them to meet the evolving
demands of their roles in line with the federal government's objectives."
"Aligned with the Ministry of Finance's strategy to enhance and increase the
efficiency of financial procedures within the Federal Government, the programme
reflects our commitment to improving operational and financial performance
across ministries and federal entities in the UAE. It was designed to provide
comprehensive support to these entities, thereby contributing to the strategic
goals of the UAE Government," she explained.
This year's training programme comprised the following courses: “Discussing
Updates to the Federal Government Accounting Standards Manual”; “Debt Collection
Procedures in accordance with Federal Decree No. 15 of 2018 regarding the
Collection of Revenues and Public Funds”; “Digital Procurement Platform”; “Fixed
Assets, Tangible and Intangible (Asset System)”; “Tax Applications and
Procedures”; “Preparing Financial Statements on the Hyperion HFM System” and
“Financial Period Closing Procedures”.