Public Sector Accounting & Budgeting: Principles & Practice Event, 18.May.2025

Course Description

This 5-day course provides a comprehensive overview of accounting and budgeting practices in the public sector. Participants will gain in-depth knowledge of financial management principles, budgeting techniques, and analysis methods specific to government and non-profit organizations.

Learning Objectives

• Understand fundamental public sector accounting principles and standards
• Master budget preparation, execution, and control processes
• Develop skills in financial statement analysis and performance measurement
• Learn best practices in public sector financial management and reporting
• Gain insights into emerging trends and challenges in public finance

Course Modules

Day 1: Foundations of Public Sector Accounting

• Introduction to public sector accounting
• Regulatory framework and accounting standards
• Accrual vs. cash basis accounting
• Chart of accounts and government financial systems

Day 2: Budgeting in the Public Sector

• Budget cycle and preparation process
• Types of budgets: line-item, program, and performance
• Revenue forecasting and expenditure planning
• Budget execution and control

Day 3: Financial Reporting and Analysis

• Government financial statements
• Fund accounting principles
• Financial ratio analysis for public entities
• Performance measurement and reporting

Day 4: Public Sector Auditing and Compliance

• Internal control systems
• Types of audits in government
• Compliance with laws and regulations
• Fraud detection and prevention

Day 5: Emerging Trends and Best Practices

• Digital transformation in public finance
• Sustainability reporting in the public sector
• Public-private partnerships and financial implications
• Case studies in public sector financial management

Practical Wins for Participants

• Ability to prepare and analyze public sector budgets
• Skills to interpret and present financial information to stakeholders
• Knowledge to implement effective financial control measures
• Insights to drive financial decision-making in public organizations