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NEWS : Local News  

Sierra Leone News : Finance Ministry Trains MDAs on IFMIS & Chart Accounts
By Our Special Correspondent
Feb 25, 2016, 17:06
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Freetown, Feb. 24 (SLENA) - The Public Financial Management Reform Unit (PFMRU) in the Ministry of Finance and Economic Development has ended a ten-day training for representatives of new roll-out Ministries, Departments and Agencies (MDAs) on the Integrated Financial Management Information System (IFMIS) and the chart of Accounts.

 

The training started on Wednesday 10th February and ended on Tuesday 23rd February, 2016 at the IFMIS training room of the Accountant Generalís Department. The training was sponsored by the Public Financial Management Improvement and Consolidation Project (PFMICP) through funds donated by partners, notably; World Bank, DFID and AFDB.


The objectives of the training were to provide a detailed understanding of the 27 digit chart of accounts, to provide a detailed understanding of the various IFMIS modules, to detail understanding of the various issues encountered by MDAs and to understand the different types of reports produced by IFMIS.


The representatives of the MDAs were; Ministry of Internal Affairs; Ministry of Trade and Industry; Ministry of Water Resources; Ministry of Mines and Mineral Resources; Ministry of Fisheries and Marine Resources; Immigration Department; Parliament; Audit Service Sierra Leone.


According to the senior financial management officer at PFMRU, Claudia Johnson, the rationale behind the training was to train new users of IFMIS and to represent the above mentioned MDAs to effectively use the system. 


She further stated that the Integrated Financial Management Information System  IFMIS) is provided by Free Balance PLC based in Canada, adding that the service of Free Balance was contracted by the Government of Sierra Leone under the Institutional Reform Capacity Building Project ( IRCBP) . 


The Senior Financial Management Officer pointed out that it was implemented at the Accountant Generalís Department in June 2005 and later rolled-out to other MDAs whom are currently using the system in processing transactions within their Ministries, Departments and Agencies. 


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