Course Description
This intensive 5-day course provides a comprehensive overview of advanced public sector accounting and budgeting practices. Participants will gain in-depth knowledge of International Public Sector Accounting Standards (IPSAS), modern budgeting techniques, and financial analysis tools specific to the public sector. The course combines theoretical concepts with practical applications to enhance financial decision-making skills.
Learning Objectives
- Master the application of IPSAS in public sector financial reporting
- Develop advanced budgeting and forecasting skills for public entities
- Enhance financial analysis and performance evaluation techniques
- Understand the implications of public sector reforms on accounting practices
- Learn to implement risk management strategies in public financial management
Course Modules
Day 1: Advanced IPSAS Implementation
- Overview of recent IPSAS updates
- Complex IPSAS application scenarios
- Consolidation of public sector entities
- IPSAS compliance challenges and solutions
Day 2: Strategic Public Sector Budgeting
- Performance-based budgeting techniques
- Multi-year budgeting and fiscal sustainability
- Budget variance analysis and reporting
- Integrating budgets with strategic planning
Day 3: Financial Analysis and Decision Making
- Advanced ratio analysis for public entities
- Cost-benefit analysis in public sector projects
- Financial performance evaluation methods
- Decision-making tools for resource allocation
Day 4: Public Sector Reforms and Accounting Implications
- New Public Management (NPM) principles
- Accrual accounting transition strategies
- Public-Private Partnerships (PPP) accounting
- Transparency and accountability reporting
Day 5: Risk Management and Future Trends
- Enterprise risk management in public entities
- Cybersecurity and data protection in financial systems
- Emerging technologies in public financial management
- Sustainable finance and ESG reporting in the public sector
Practical Wins for Participants
- Ability to implement complex IPSAS requirements in their organizations
- Skills to develop comprehensive, performance-based budgets
- Techniques to conduct in-depth financial analysis for better decision-making
- Strategies to manage risks and adapt to emerging trends in public finance
Credits: 5 credit per day
Course Mode: full-time
Provider: Blackbird Training Centre
