Public Sector Finance: Budgeting & Management Skills Course

Course Description

This intensive 5-day course equips public sector managers with essential financial skills to excel in their roles. Participants will gain a comprehensive understanding of public sector budgeting, financial analysis, and strategic decision-making. The course combines theoretical knowledge with practical applications to enhance financial management capabilities in government and non-profit organizations.

Learning Objectives

• Master public sector budgeting techniques and processes
• Develop skills in financial analysis and reporting for informed decision-making
• Understand strategic financial planning and resource allocation in the public sector
• Learn to implement effective financial controls and risk management strategies
• Gain insights into performance measurement and accountability in public finance

Course Modules

Day 1: Fundamentals of Public Sector Financial Management

• Introduction to public sector finance and budgeting
• Governance and accountability in public financial management
• Public sector accounting principles and standards
• Financial management information systems (FMIS)

Day 2: Budgeting and Financial Planning

• Budget preparation and execution processes
• Revenue forecasting and expenditure planning
• Performance-based budgeting techniques
• Long-term financial planning and fiscal sustainability

Day 3: Financial Analysis and Reporting

• Interpreting financial statements in the public sector
• Cost analysis and management techniques
• Financial ratio analysis for public organizations
• Preparing and presenting financial reports

Day 4: Strategic Financial Management

• Capital budgeting and investment appraisal
• Managing public debt and cash flow
• Risk management in public finance
• Procurement and contract management

Day 5: Performance Measurement and Accountability

• Developing key performance indicators (KPIs) for financial management
• Internal controls and audit processes
• Transparency and stakeholder communication
• Ethics in public sector financial management

Practical Wins for Participants

• Ability to prepare and manage comprehensive public sector budgets
• Skills to conduct financial analysis and make data-driven decisions
• Techniques for implementing effective financial controls and risk management
• Strategies for improving financial performance and accountability in public organizations