NAHE Holds Training On Financial Management Skills For Uni Staff
The workshop at HEC, Islamabad, was attended by officials from HEIs in the Federal, Azad Jammu and Kashmir, Gilgit-Baltistan, and Rawalpindi regions.
National Academy of Higher Education (NAHE) hosts a workshop on effective financial management skills for treasurers and directors of finance at public sector higher education institutions (HEIs). This training was planned by NAHE, an academic wing of the Higher Education Commission (HEC), to improve understanding of government policies, rules, and regulations pertaining to the financial management sector that exists within public sector HEIs.
The workshop at HEC, Islamabad, was attended by officials from HEIs in the Federal, Azad Jammu and Kashmir, Gilgit-Baltistan, and Rawalpindi regions. During the opening ceremony, Engr. Muhammad Raza Chohan, Advisor (Academics, Curriculum, and NAHE) to HEC, welcomed the participants and emphasized the importance of identifying the prospects and procedures of governance in Higher Education.
The three-day intensive sessions provided a forum for discussion of HEC financial regulation reforms and policies, as well as issues confronting public sector HEIs.
It was emphasised that such training programmes serve as a milestone in updating employees’ knowledge bases, allowing for smooth work and compliance with HEI and HEC regulations.
Dr. Jamil Ahmad, Vice Chancellor of Hazara University, also shared his experience with successful ERP implementation at Hazara University. The closing ceremony was attended by Executive Director HEC Dr. Shaista Sohail, Advisor Quality Assurance & Global Engagement Mr. Awais Ahmed, and Advisor Finance and P&D Engr. Muhammad Mazhar Saeed.
In their remarks to the participants, the speakers emphasized the importance of Financial Management Training Programs in assisting public sector HEIs in the financial governance and regulation domains in overcoming day-to-day challenges.
Financial management skills refer to the abilities and knowledge required to effectively manage the financial resources of an organization. These skills are important for individuals working in finance-related roles, such as treasurers, financial analysts, and budget analysts, as well as for those in non-finance roles who have responsibility for financial decision-making.
Developing strong financial management skills can help individuals and organizations to make informed financial decisions, optimize the use of financial resources, and achieve their financial goals.