Course Schedule 2019

Safeguards Assessments of Central Banks (JV19.17)

SAC

TARGET GROUP | Senior central bank staff responsible for accounting, financial reporting, auditing, risk management, internal control, legal, or reserve management operations, or serving on a board or committee overseeing audit, investment, or financial reporting activities. Participants should have a university or postgraduate degree in accounting, business, economics, finance, or law, or have earned professional certifications in auditing (chartered or certified public accountants, internal auditors, information systems auditors) or finance (certified financial analysts).

 

DESCRIPTION | This one-week course, presented by the IMF’s Finance and Legal Departments, is designed to give central bank officials interactive exposure to IMF safeguards assessment methodology. It highlights the importance of central bank governance, transparency, and accountability for improving financial safeguards. It also provides a forum for central bank staff to exchange views on their experiences in reinforcing safeguards and dealing with emerging issues. The course incorporates interactive lectures and discussions, workshops, and case studies addressing crucial assessment areas, especially external and internal audit mechanisms, financial reporting, the system of internal controls, management of international reserves, and reporting of monetary data to the IMF. The course also reviews the concepts underlying autonomy and good governance in central bank legislation.

 

OBJECTIVES | Upon completion of this course, participants should be able to:

• Assess the strengths and vulnerabilities of their central bank financial safeguards

• Identify specific steps to build up the safeguards

• Use leading practices for central banks in the areas of good governance, central bank autonomy, accountability, and transparency

• Describe and explain the requirements of the IMF safeguards policy and the importance of implementing safeguards recommendations



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Course Details

Start: 20190527May 27
End: 20190531May 31

Language: English

Sponsoring Organization: IMF

Admin Arrangements
Application Deadline: By invitation only

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