Module - 1 The World Bank Project Cycle • What Is a World Bank Project? • Country Assistance Strategy • Project identification • Project preparation • Project appraisal • Project approval • Project implementation • Project completion • Project evaluation Module - 2 Financial Management in Bank Operations • Operational Policies • Assessments of financial management arrangements • Interim financial reporting • Audited financial statements. • Bank Procedures • Project preparation • Assess the proposed financial management arrangements • Agree with the borrower on the format and content of interim and annual audited financial statements Module - 3 Unique statements • Agree on the scope of audit work to be carried out for each operation • Project implementation • Project completion and evaluation • Financial Management Issues in Emergency Operations • Use of country systems • Harmonization • Analysis of risk • Disbursement • Understanding disbursement Module - 4 Disbursement Methods • Reimbursement • Advance • Direct Payment • Special Commitment • Satisfying sponsors • Reporting • Fund receipt connection with real time project development • Risk Management • Strategy development and implementation Module - 5 Building Country Capacity • FM Policies in Bank-financed Operations • Engagement with Global Partners • Financing Plan • Understanding the RATINGS • Implementation ratings • Completion ratings • Risk to Development Outcome • Bank Performance • Borrower Performance • Government Performance • Implementing Agency Module - 6 Sustainable Development Goals • G20 High-Level Principles for Digital Financial Inclusion • Universal Financial Access 2020 initiative • Creating a regulatory environment to enable access to transaction accounts • Expanding access points • Improving financial capability • Driving scale and viability through high-volume government programs, such as social transfers into those transaction accounts • Focusing on reaching disadvantaged populations such as women and rural producers • Encouraging use of financial services, to move from access to finance to account use Module - 7 Policy and institutional underpinnings • Budget allocations • Budget circular • Budget comprehensiveness • Budget documentation • Budget estimates • Budget execution • Budget preparation • Budget proposals • Budget support • Budget systems • Budgetary expenditure • Budgetary institutions • Budgeting Module - 8 Findings in Project Management • Findings in Governments commitment to essential success factors • Findings in Functional Processes and Systems Design • Findings in System Implementation • Findings in the ongoing Systems Operation and Maintenance • FMIS Utilization and Coverage • The World Bank’s Role in FMIS Projects • Methods and Limitations in FMIS • Framework for Financial Management Information Systems Module - 9 Economic development • Economic growth • Economic performance • Economic reform • Economies of scale • External accountability • External assistance • Finance ministries • Financial accountability • Financial management capacity • Financial resources • Financial statements – Audit & Management • Fiscal data • Fiscal forecasts • Fiscal information • Fiscal outturns • Fiscal position • Fiscal years • Fraud – Case studies • Functionality • Futures • Globalization Module - 10 Public entities • Public expenditure • Public expenditure management • Public finance • Public financial management systems • Public sector reform • Public servants & services • Reform efforts • Reform objectives • Reform programs • Regional dummies • Registration systems • Relationship between population • Reliability • Remittances • Sustainability analysis • Targets • Tax assessment • Tax collections • Treasury • Trust funds