Diploma in Financial Management(DFM)

Objective :
The DCFM aims to assist public and private organizations by:
 
  • building the strengths of human resources in the areas of finance and accounts
  • developing the auditing skills required in executing the auditing tasks of the government and corporate organizations.
  • meeting the requirement of the skilled human resources in the areas of accounting in corporate and private sectors.
Duration:
24 months
Designed for:

Class XII (passed) candidates of commerce background who have been selected to pursue career in the areas of accounting and auditing selected through the selection process of the DCFM.
Learning Areas:
(a) Intensive training in the areas of accounts and auditing is offered as reflected below for a period of twelve months.
 
  • Office Management
  • Commercial Accounting (theory & Practice)
  • IT Applications
  • Personnel Management
  • Government Financial Management System
  • Cost Accounting
  • Revenue Accounting and Auditing
  • Tax administration
  • Companies Act
  • Effective Communication
  • Govt. Accounting (Principle and Practice)
  • BAS (Budgeting and Accounting System)
  • Auditing (General & Government)
 
(b) For the second year, trainees of DCFM are attached with different government and private organizations to gain practical knowledge in the field for the period of nine months. For three months, it is mandatory for all the trainees (government or private candidates) to undergo field attachment with the Royal Audit Authority.
Learning Outcome:
Upon the completion of the course, the participants will be able to carry out:
 
  • the job responsibilities of deputy chief accountant (DCA) in the National Finance Service.
  • the job responsibilities of senior accountant in corporate and private sectors.
  • auditing responsibilities in Royal Audit Authority
  • the roles of assistant tax administrator and assistant revenue officer in Department of Revenue and Customs (DRC)
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