Sample Essay on:
Implementing an Integrated Financial Management Information System in Zambia

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Essay / Research Paper Abstract

This 38 page paper looks at the potential of implementing an integrated financial management information system (IFMIS) for the government of a developing country such as Zambia. The paper is written as a report, looking at the benefits of implementation. A definition of the investigation, and assessment of IFMIS and the ways in which implementation should be implemented. The potential application in Zambia is then examined, with recommendation made for the implementation. The bibliography cites 21 sources.

Page Count:

38 pages (~225 words per page)

File: TS14_TEzambiaIFMIS.doc

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Unformatted sample text from the term paper:

Outcomes 28 5. Analysis 32 5.1 Country Conditions 32 5.2 IFMIS In Zambia 33 4.3 Recommendations 36 6. Conclusion 37 References 38 Glossary 40 1. Introduction The implementation and adoption of Integrated Financial Management Information Systems (IFMIS) has been seen to take place in many developing countries, projects are often difficult due to the lack of modern processes in existing infrastructures, but may be necessary due to requirements associated with donor aid (Stanforth, 2010). For example, organizations such as the IMF and USAID may require that IFMIS is implemented, and may back its implementation (Stanforth, 2010; Diamond and Khemani, 2005). The concept of utilizing computerized financial systems to aid governments is not new, this has been taking place since 1980s; therefore this is now commonplace in the developed nations, the appreciation of the benefits it brings to public finance management (PFM). It may be this commonplace utilization within the developed world which has resulted in an expectation of the processes and systems which should be the ideal standard for developing countries (Stanforth, 2010). For a country such as Zambia, which is classified as a lesser developed country (LDC), there are a number of advantages implementing IFMIS may not only facilitate further donor aid, may also increase the potential level of trust that trading partners or investors may have in the financial management and control within the country (Howells and Bain, 2007; Wynne, 2005). The potential benefits of wide scale; most developing countries have retained manual systems that support the execution of budget and accounting processes, where manual systems are not utilize there may be the potential use of outdated software applications (Diamond and Khemani, 2005). The lack of resources in the management of their public expenditure ...

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