Public Sector Financial Regulations Provisions, Implementation and Challenges

At the end of this workshop, participants will provided with be much of the knowledge and many of the skills to help them to move into higher level in Public Sector roles in the following areas:

• Financial accounting
• Management accounting
• Revenue management
• Internal auditing
• Investment appraisal
• Financial control
• Financial governance
• Procurement
• Contract Management

CONTENT:

• To focus on the basics of Government Finance and how public finance is raised and expenditure is controlled.
• The principles of financial reporting, budget management and Value for Money, including accountancy based business simulation.
• Risk management and internal controls.
• Cost reduction and assessing value for money
• Revenue management, investment appraisal and the financial elements of business cases and expenditure management,
• Aspects of contract management.
• Importance and role of audit in relation to financial and operational management
• The effective communication of financial information.

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.