CDCI understands the extensiveness of the Governance and Accountability sector as it cuts across both the public and private sectors. Overall, it is the framework of rules, relationships, systems, and processes within and by which authority is exercised and controlled in governments and corporations. Accountability is the mechanisms by which the institutions (governments and corporations) and those in control, are held to account,
CDCI services in this sector included:
- Public Finance Management (PFM):
-
- Budgeting / Medium Term Expenditure Framework (MTEF) systems – Medium Term Expenditure Frameworks (MTEF) is a tool used for budgeting that links the budgetary process to broad fiscal policy goals beyond the annual budgetary cycle of a country. MTEF allows a country to establish multi-year budget estimates or ceilings, and/or detailed expenditure plans, spanning over three to five years. The framework supports governments in making good macroeconomic projections, setting spending limits -taking into account indebtedness and future income-, and generally, understanding the consequences of fiscal decisions. We at CDCI have developed models which are adaptable to various countries for budgeting using the MTEF tools to arrive at detailed expenditure plans using the best-case scenario of the macroeconomic projection factors of the country’s concern
- Intergovernmental fiscal transfer services. Well-designed intergovernmental fiscal transfers determine the ability of the subnational governments in their service to the citizens. The fiscal transfers are used to ensure that revenues roughly match the expenditure needs at various levels of subnational governments and that the national, regional, and local objectives, of fairness and equity, in service delivery is efficiently and effectively achieved. We at CDCI assist governments to design intergovernmental fiscal transfers with a strong bearing on the efficiency and equity of public service provision and accountable local governance.
- Treasury Management in a decentralized system of government. CDCI provides innovative revenue and expenditure management systems to subnational governments including the establishment of single treasury accounts. In addition, we design appropriate strategies for ringfencing intergovernmental transfers.
- Corporate Debt Management services – CDCI assists corporations to develop and implement appropriate financial and operational restructuring
- Financial Management services. The services offered include;
- Financial and accounting services
- Receivables and payables maintenance and management services
- Financial Management Systems Design and implementation services;
- Standard operating procedures design and implementation services;
- Financial Performance Management review services
- Fiduciary agency services
- Internal audit services – more and more organizations including government agencies are increasing the efficiency and controls of their operating systems leading to more innovative and new technologies, identifying and mitigating emerging risks, developing creative solutions to complex business challenges, and encouraging best practices to enhance business functions. CDCI is a global leader in the provision of innovative Internal Audits. We help develop solutions to complex business challenges, mitigate risks & encourage best practices. We tailor our approach to the needs of the agency.
- Procurement and Contract Management services
- Acquisition and assistance services to Federal and State agencies
- Procurement agency services