Advanced Budgeting for Public Sector organisations

Advanced Budgeting for Public Sector Organisations

Course schedule

Classroom Training:
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Course Overview

This course provides public sector professionals with advanced budgeting skills, focusing on transparency, accountability, and efficient resource allocation to improve public financial management.

Who Should Attend

  • Government Financial Officers
  • Ministry Budget Managers
  • Central Bank Financial Analysts
  • Public Sector Accountants
  • Policy Advisors

Course Outcomes

  • Develop transparent and accountable budgeting processes
  • Allocate resources efficiently within public sector constraints
  • Implement performance-based budgeting techniques
  • Monitor and report on public sector financial performance
  • Enhance strategic financial planning in government entities

Course Topics

Financial Planning Fundamentals

  • Core principles of financial planning
  • Financial goals and objectives setting
  • Budgeting processes and methodologies
  • Financial planning tools

Financial Analysis and Forecasting

  • Key financial ratios and indicators
  • Trend analysis and financial forecasting
  • Scenario planning and sensitivity analysis
  • Using financial data for strategic decision-making

Public Sector Budgeting Principles

  • Legal and regulatory framework
  • Government budgeting standards and practices
  • Fiscal policy and budget formulation
  • Engaging stakeholders in the budgeting process

Performance-Based Budgeting

  • Introduction to performance-based budgeting
  • Setting performance goals and indicators
  • Linking budgets to outcomes and outputs
  • Monitoring and evaluating performance

Accountability and Transparency in Budgeting

  • Ensuring budget transparency
  • Public financial accountability frameworks
  • Reporting standards and practices
  • Communicating financial information to stakeholders

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