The training will enable participants to master the methods and techniques of presentation and exploitation of financial statements produced by state-owned companies.
Some 53 magistrates and 22 auditors of the Court of Accounts of Cote d’Ivoire, on Monday, began in Abidjan, a training session in the technique of analysis of financial statements.
Initiated by the Court of Accounts with funding from the Economic and Financial Management Support Project (PAGEF), this seminar will run on May 9-13, 2022 on the theme: “Analysis of financial statements.”
“The magistrates and auditors selected for the training come from diverse backgrounds to such an extent that in order to be operational, it is essential to provide them with a certain amount of adequate and quality training related to their new functions,” explained Ms. Beatrice Guiraud who represented the President of the Court of Accounts.
The training aims at facilitating to the participants the understanding and reprocessing of financial data, the mastery of methods and techniques of presentation and exploitation of documents and financial statements produced by the local authorities and the State companies.
For the coordinator of PAGEF, Professor Lambert Ngaladjo Bamba, the Court of Audit has an important role to play in controlling the “regularity and sincerity” of accounts.
“It seemed important to us to organize this seminar in order to strengthen the capacity of actors on the techniques of analysis of financial statements,” said Pr. Bamba, the representative of the Ivorian Minister of Economy and Finance at the launch of the workchop.
Knowledge of the financial situation of entities and parts of the state, such as state-owned companies and semi-public companies in the state portfolio, public establishments of an industrial and administrative nature, and local authorities will also be on the agenda of this training session.
PAGEF is an institutional support project for the Ivorian government, with a budget of 15,968,353,380 CFA francs, of which 13,455,895,880 CFA francs come from the African Development Bank (AfDB) and 2,512,457,500 CFA francs from the State.
This project, which essentially supports the implementation of the Public Finance Reform Master Plan (SDRFP), was signed on July 14, 2017.