AAAG Facilitates Training for Somalia’s Public Finance Officers on Best Practices in Public Sector Accounting and Financial Management

The African Association of Accountants General (AAAG) successfully conducted a two-day training session on Best Practices in Public Sector Accounting and Financial Management for government officers from the Federal Government of Somalia. The training, held from February 22nd to 23rd, 2025, in Mogadishu, aimed to equip public finance professionals with critical skills in financial management, internal controls, risk mitigation, budgeting, expenditure control, and revenue recognition.

This initiative was made possible through the support and facilitation of Somalia’s Accountant General, Mr. Abdirahman Anas, whose leadership and dedication to strengthening financial governance in Somalia played a pivotal role in organizing this engagement.

Commitment to Learning and Excellence

The training saw the enthusiastic participation of 50 government accountants who demonstrated a strong commitment to learning and implementing best practices from across Africa. These professionals engaged in interactive discussions, case studies, and experience-sharing sessions, reinforcing their understanding of public sector financial management.

Speaking at the event, AAAG Chief Executive Officer, Mr. Fredrick Riaga, emphasized the importance of adopting international best practices to enhance transparency, accountability, and fiscal responsibility in public sector finance. The program covered:

• Robust Internal Controls to prevent financial mismanagement and fraud.
• Risk Management Strategies to mitigate operational and compliance risks.
• Expenditure Control Mechanisms ensuring compliance with regulations and procurement policies.
• Budgeting and Financial Planning Processes for fiscal discipline.
• Effective Revenue Recognition Practices to comply with financial regulations.
• Financial Reporting Standards to promote transparency and accountability.

Acknowledging Support and Participation

AAAG extends its heartfelt appreciation to AG Abdirahman Anas for his commitment to capacity building within Somalia’s public finance sector. His support was instrumental in ensuring the success of this training.

Additionally, we commend all the participants for their engagement and eagerness to strengthen financial governance in their institutions. The insights gained from this program will contribute significantly to the enhancement of Somalia’s public financial management systems.

AAAG remains dedicated to promoting sound public financial management across Africa by offering specialized training programs, technical assistance, and strategic engagements with member states.

For further updates on our training initiatives and upcoming events, stay connected with AAAG through our website and social media platforms.