Planning, Budgeting and Management of Public Finance Training

In order to serve the Public and the Government effectively the budgeting for and control of the finances is of paramount importance. Many government departments fail to meet budget requirements due to:

• Bad planning
• Incorrect budgeting
• Ineffective control expenditure

Course Objectives:

• To assist delegates to first consider the big picture before getting involved in the detail
• To understand the difference between Capital and Operational budgeting
• To take cognisance of actual expenditure vs committed expenditure
• Implementing effective controls over expenditure

Course Outline:

Module 1: 

• Current treasury regulation’s regarding public finance
• Converting strategy and mandate to objectives
• Defining measures that will indicates progress
• Setting targets
• Converting targets into actions required to achieve targets
• Analysing current budget performance
• Recording losses and gains
• Practical exercise

Module 2: 

• Types of budgets
  • Current + budgets
  • Zero based budgets
• Defining assumptions for capital budget
• Defining assumptions for operational budget
• Applying assumptions to current expenditure
• Developing capital budgets based on actions to achieve targets
  • Project
  • Assets required
  • Assets disposed
• Developing budgets based on assumptions
• Practical exercise

Module 3:

• Preforming risk analysis with regard to achievement of budget
• Costing of mitigating actions
• Finalise budget
• Convert budget into income budget
• Convert budget into expenditure budget
• Developing a cash flow budget
  • Expenditure
  • Committed expenditure
• Control Systems
• Role of internal audit
• Responsibility of Accounting officers
• Responsibilities of managers

Course Duration:

3 days

*Number of days can be customised and adjusted for in-house programmes.*

• The course is offered in-house and can be custom made to include specific examples and exercises based on the organisation’s activities.
• The course is wholly interactive combining theory with role play, team exercises and group interaction.
• Evaluation happens through participation and group discussion

Who should attend:

• Executives within Government
• Management within Government
• Financial staff dealing with Governmental accounting
• All staff who prepare and control budgets