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Paper PFM 24

Governance, Leadership and Ethics

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The aim of this subject is to provide the learner with the knowledge and skills required to undertake governance-related assignments in the public sector. The learner will also be equipped with knowledge and skills to enable him/her to assume leadership roles while applying the tenets of managerial and organisational ethics.

On completion, a candidate should be able to

  • Explain the principles and importance of corporate governance in the public sector.
  • Describe the procedure for the appointment and the role of board members in the governance of public entities.
  • Explain the roles of different stakeholders in the governance of public entities.
  • Discuss the challenges affecting corporate governance in the public sector.
  • Describe different financial crimes that can be committed in a public sector environment.
  • Apply corporate governance to various operations of the public sector.
  • Apply soft skills in the governance of public entities.
  • Discuss different leadership styles and traits and their relative merits and demerits.
  • Undertake value-based leadership in the public sector.
  • Establish and manage strategic partnerships and collaborations in the public sector.
  • Discuss the legal, regulatory and theoretical foundations of ethics and governance in the public sector. Certified Public Finance Manager (CPFM) - July 2024 No. Learning Topic Sub-topics Weight Learning Credits Outcome Hours
  • Explain the Introduction 1.1 Overview 9.1% 17 1.7 principles and to corporate of corporate importance governance governance in the of corporate in the public public sector governance sector 1.2 Principles in the public environment of corporate sector governance 1.3 Importance of corporate governance in the public sector 1.4 Impact of good governance on society and the economy 1.5 Challenges facing corporate governance in the public sector Certified Public Finance Manager (CPFM) - July 2024
  • Describe the Appointment 2.1 Procedure for 9.1% 17 1.7 procedure and the role the appointment of for the of board board and council appointment members in members in the and the role corporate public sector in of board governance Kenya members in the public 2.2 Types of boards in the sector in public sector governance of organisations public entities 2.3 Roles and duties of the board/council in the management of public institutions 2.4 Individual director responsibilities 2.5 Characteristics of an effective board in a public institution 2.6 Management of board responsibilities in case of mergers and acquisitions in public sector institutions
  • Explain Roles of 3.1 Stakeholders’ 9.1% 17 1.7 the roles various management in the of different stakeholders public sector stakeholders in corporate 3.2 Investors in the governance 3.3 Chief executive governance of in the public officers public entities Sector 3.4 Employees 3.5 Auditors and compliance agencies 3.6 Human resource professionals 3.7 Legal professionals Certified Public Finance Manager (CPFM) - July 2024
  • Discuss the Challenges 4.1 Ethical issues 9.1% 17 1.7 challenges affecting 4.2 Internal and affecting corporate external pressure corporate governance 4.3 Risk governance and strategies management and in the public to enhance mitigation sector corporate 4.4 Inaccurate governance data reporting and disclosures 4.5 Review of case studies involving ethical dilemmas 4.6 Role played by the Ethics and Anti-Corruption Commission of the Director of Public Prosecutions the Auditor General the Ombudsman, the National Police Service (NPS) etc
  • Describe Financial 5.1 Corruption in 9.1% 17 1.7 different crimes in a the public service financial public sector 5.2 Types of crimes that environment corruption and ways can be to prevent it committed 5.3 The fraud in a public triangle sector 5.4 Setting up environment an institutional framework against corruption 5.5 Role of forensic auditing in preventing and detecting fraud and corruption Certified Public Finance Manager (CPFM) - July 2024
  • Apply Application 6.1 Importance 9.1% 17 1.7 corporate of corporate of audits – how, governance governance in why and when to to various various secconduct audits operations tors of the 6.2 Data – How to of the public public service derive, interpret, sector manage and write reports 6.3 Budgets – how to utilise budgets effectively 6.4 Media – How to use media to advocate valuedriven governance
  • Apply soft Soft skills for 7.1 Building 9.1% 17 1.7 skills in the corporate accountability and governance of governance responsibility public entities in the public 7.2 Maintaining sector transparency and openness 7.3 Fostering decentralisation and devolution
  • Discuss differLeadership 8.1 Comparison 9.1% 17 1.7 ent leadership styles and between leadership styles and traits and management traits and their 8.2 Characteristics relative merits of a public sector and demerits. leader 8.3 Leadership styles, their merits and demerits 8.4 Turning leadership theory into practical leadership for the public sector Certified Public Finance Manager (CPFM) - July 2024
  • Undertake Value-based 9.1 Introduction 9.1% 17 1.7 value-based leadership to and relevance leadership in the public of value-based in the public sector leadership in public sector institutions 9.2 Principles, characteristics and the role of valuebased leaders 9.3 The emerging significance of value-based leadership 9.4 Transforming public sector organisations through valuebased leadership 9.5 Strategic leadership Certified Public Finance Manager (CPFM) - July 2024
  • Establish Strategic 10.1 Official 9.1% 17 1.7 and manage partnerships communications strategic and rules and guidelines partnerships collaborations in strategic and partnerships collaborations 10.2 Rationale in the public for strategic sector partnerships 10.3 Forms of strategic partnerships and collaborations 10.4 Etiquette and protocol guidelines 10.5 Rules of good etiquette in the public sector 10.6 Etiquette in the communication process on telephone, virtual meetings, Emails among others 10.7 The order of precedence on matters of protocol 10.8 Official form of address 10.9 Seating arrangements in cars, aeroplanes, offices and in public Certified Public Finance Manager (CPFM) - July 2024
  • Discuss Legal 11.1 Normative 9% 16 1.6 the legal, and other theories of ethics regulatory and regulatory 11.2 Managerial theoretical foundations and organisational foundations of ethics and ethics of ethics and governance 11.3 Overview of governance the Constitution in the public of Kenya 2010 sector on governance in public institutions 11.4 The Ethics and Anti-Corruption Commission Act of 2011 11.5 The State Corporation Act in Kenya 11.6 Overview of the Mwongozo Code 11.7 Ethics and the Professional Code of Conduct for public leaders Total 100% 186 18.6

Content

  1. 1

    Introduction to corporate governance in the public sector environment

    Explain the principles and importance of corporate governance in the public sector

    1. 1.1

      Overview

      1. f corporate governance in the public sector

    2. 1.2

      Principles

      1. f corporate governance

    3. 1.3

      Importance

      1. f corporate governance in the public sector

    4. 1.4

      Impact of good governance on society and the economy

    5. 1.5

      Challenges facing corporate governance in the public sector

  2. 2

    Appointment and the role of board members in corporate governance in the public sector

    Describe the procedure for the appointment and the role of board members in the governance of public entities

    1. 2.1

      Procedure for the appointment of board and council members in the public sector in Kenya

    2. 2.2

      Types of boards in public sector

      1. rganisations

    3. 2.3

      Roles and duties

      1. f the board/council in the management

      2. f public institutions

    4. 2.4

      Individual director responsibilities

    5. 2.5

      Characteristics

      1. f an effective board in a public institution

    6. 2.6

      Management

      1. f board responsibilities in case of mergers and acquisitions in public sector institutions

  3. 3

    Roles of various stakeholders in corporate governance in the public Sector

    Explain the roles of different stakeholders in the governance of public entities

    1. 3.1

      Stakeholders’ management in the public sector

    2. 3.2

      Investors

    3. 3.3

      Chief executive

      1. fficers

    4. 3.4

      Employees

    5. 3.5

      Auditors and compliance agencies

    6. 3.6

      Human resource professionals

    7. 3.7

      Legal professionals

  4. 4

    Challenges affecting corporate governance and strategies to enhance corporate governance

    Discuss the challenges affecting corporate governance in the public sector

    1. 4.1

      Ethical issues

    2. 4.2

      Internal and external pressure

    3. 4.3

      Risk management and mitigation

    4. 4.4

      Inaccurate data reporting and disclosures

    5. 4.5

      Review of case studies involving ethical dilemmas

    6. 4.6

      Role played by the Ethics and Anti-Corruption Commission (EACC), Office

      1. f the Director

      2. f Public Prosecutions (ODPP), Office of the Auditor General (OAG), Office of the Ombudsman, the National Police Service (NPS) etc

  5. 5

    Financial crimes in a public sector environment

    Describe different financial crimes that can be committed in a public sector environment

    1. 5.1

      Corruption in the public service

    2. 5.2

      Types of corruption and ways to prevent it

    3. 5.3

      The fraud triangle

    4. 5.4

      Setting up an institutional framework against corruption

    5. 5.5

      Role of forensic auditing in preventing and detecting fraud and corruption

  6. 6

    Application of corporate governance in various sec- tors of the public service

    Apply corporate governance to various operations of the public sector

    1. 6.1

      Importance

      1. f audits – how, why and when to conduct audits

    2. 6.2

      Data – How to derive, interpret, manage and write reports

    3. 6.3

      Budgets – how to utilise budgets effectively

    4. 6.4

      Media – How to use media to advocate value- driven governance

  7. 7

    Soft skills for corporate governance in the public sector

    Apply soft skills in the governance of public entities

    1. 7.1

      Building accountability and responsibility

    2. 7.2

      Maintaining transparency and

      1. penness

    3. 7.3

      Fostering decentralisation and devolution

  8. 8

    Leadership styles and traits

    Discuss differ- ent leadership styles and traits and their relative merits and demerits.

    1. 8.1

      Comparison between leadership and management

    2. 8.2

      Characteristics

      1. f a public sector leader

    3. 8.3

      Leadership styles, their merits and demerits

    4. 8.4

      Turning leadership theory into practical leadership for the public sector

  9. 9

    Value-based leadership in the public sector

    Undertake value-based leadership in the public sector

    1. 9.1

      Introduction to and relevance

      1. f value-based leadership in public institutions

    2. 9.2

      Principles, characteristics and the role of value- based leaders

    3. 9.3

      The emerging significance of value-based leadership

    4. 9.4

      Transforming public sector

      1. rganisations through value- based leadership

    5. 9.5

      Strategic leadership

  10. 10

    Strategic partnerships and collaborations

    Establish and manage strategic partnerships and collaborations in the public sector

    1. 10.1

      Official communications rules and guidelines in strategic partnerships

    2. 10.2

      Rationale for strategic partnerships

    3. 10.3

      Forms

      1. f strategic partnerships and collaborations

    4. 10.4

      Etiquette and protocol guidelines

    5. 10.5

      Rules of good etiquette in the public sector

    6. 10.6

      Etiquette in the communication process on telephone, virtual meetings, Emails among others

    7. 10.7

      The order of precedence on matters of protocol

    8. 10.8

      Official form of address

    9. 10.9

      Seating arrangements in cars, aeroplanes,

      1. ffices and in public

  11. 11

    Legal and other regulatory foundations of ethics and governance

    Discuss the legal, regulatory and theoretical foundations of ethics and governance in the public sector

    1. 11.1

      Normative theories of ethics

    2. 11.2

      Managerial and organisational ethics

    3. 11.3

      Overview of the Constitution

      1. f Kenya 2010

      2. n governance in public institutions

    4. 11.4

      The Ethics and Anti-Corruption Commission Act of 2011

    5. 11.5

      The State Corporation Act in Kenya

    6. 11.6

      Overview of the Mwongozo Code

    7. 11.7

      Ethics and the Professional Code

      1. f Conduct for public leaders