Training Course in Public Sector Accounting & Budgeting

Program Overview

The "Public Sector Accounting & Budgeting" program teaches participants critical skills and expertise in public sector accounting and budgeting. It enables them to properly manage public finances, maintain financial accountability, and promote transparent financial reporting and budgeting processes. Designed to suit the changing needs of public finance, the course ensures that participants gain both academic and practical knowledge, promoting effective fiscal control.

Program Objectives

• Understand the unique financial practices and challenges of the public sector.
• Learn key principles of public sector accounting and budgeting.
• Analyze financial reports and understand government financial statements.
• Master budgeting techniques that improve resource allocation and efficiency.
• Apply best practices in managing public funds, compliance, and reporting.
• Enhance decision-making processes through effective budgetary planning and control.

Course Outline

Module 1: Introduction to Public Sector Accounting

• Fundamentals of public sector financial management
• Key differences between public and private sector accounting
• Government financial reporting standards

Module 2: Budgeting for Public Entities

• Overview of public sector budgeting
• Types of budgets: zero-based, incremental, and performance-based
• Budget formulation, approval, and execution

Module 3: Financial Reporting in the Public Sector

• Understanding government financial statements
• Cash-based vs accrual-based accounting methods
• Compliance and transparency in financial reporting

Module 4: Budget Execution and Monitoring

• Budget implementation and control
• Monitoring performance and adjusting the budget
• Managing fiscal risks and contingencies

Module 5: Auditing and Accountability in Public Finance

• Role of auditing in the public sector
• Internal controls and risk management
• Ensuring accountability and transparency

Target Group

This course is ideal for:

• Public Sector Accountants.
• Budget Officers.
• Financial Analysts in the public sector.
• Government Auditors.
• Public Financial Managers.

Program Cost

• 5-Day Course: €3700
• 10-Day Course: €6500

This program is available on different dates upon request. You can contact us to schedule the course based on your organization's needs and timeline.

Organizers

The Geneva Institute of Business Management organizes this course with its partners across Europe.