Best Practice in Public Sector Budgeting
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Course Details
- Introduction
- Objective
- Who should attend
- Course Location
A local government budgeting is an essential responsibility for public administrators, one that requires both financial and political skills. During the budget process, administrators need to consider financial limitations and constituents’ interests, among other factors, while also ensuring accountability and transparency in the final document.
Public sector budgeting is essentially about making the right spending choices for the public in terms of service provision and infrastructure development.
The course covers all aspects of the budget process, from budget formulation to implementation, including budget monitoring and the control.
The course will equip delegates with the skills and knowledge needed to ensure budgets are robust and deliver the right outcomes for the public.
Course Outline
Fundamentals of Public Sector Finance
- Basic Principles of Macroeconomic and Fiscal Policy
- Types of Public Sector Financial Decision-Making
- Purpose of Public Sector Accounting and Budgeting
- The Dimensions of New Public Management (NPM)
Financial Accounting Basics
- Basic Concepts in Financial Accounting
- Cash versus Accruals Accounting
- Qualitative Characteristics of Financial Statements